A U.S. trade court has ruled against most of President Trump's broad tariff plans, saying he went beyond his legal powers. This brought some relief to financial markets, especially for industries like tech, luxury goods, and auto makers that had been hurt by the tariffs.
Global reactions were cautious. Germany and the EU said they couldn't comment due to the ongoing legal process, while the UK called it an internal U.S. matter. The Trump administration plans to appeal the decision, so uncertainty remains.
The ruling affects Trump's blanket tariffs imposed under emergency powers, but not specific ones like those on steel and cars. Investors are watching closely to see how Trump will respond and whether he'll try other ways to impose trade barriers.
For now, the decision gives businesses and trade partners a break and time to prepare. But experts warn this may only be a temporary pause in Trump's unpredictable trade policies.
Markets were mixed: some stocks gained, especially in Europe, but investors remain wary of more volatility ahead.
U.S. President Donald Trump has again said Iran is keen to reach a deal quickly, but a senior Iranian security official rejected the claim, saying ...
McDonald's and Chinese food-delivery giant Meituan have launched China's first drone-delivery route dedicated to a single catering brand, b...
A Danish military helicopter came within “metres” of being struck by flares fired by a Russian warship, Denmark's Defence...
Maritime trackers received new reports of an attack on a ship in the Strait of Hormuz on Sunday, according to the UK Maritime Trade Operations (UKMTO), adding to concerns about energy supplies after Saudi Arabia shut down a vital oil pipeline on Saturday.
U.S. Central Command said 101 commercial vessels have been redirected in the Strait of Hormuz, while oil prices rose more than three per cent amid fresh regional attacks and supply concerns.
A Russian strike on a farm warehouse in Pryluky, north-central Ukraine, has killed at least three people, local police said. Meanwhile, EU foreign policy chief Kaja Kallas said an attack on a train near the Polish border was an attempt to intimidate Ukraine's allies.
U.S. President Donald Trump has again said Iran is keen to reach a deal quickly, but a senior Iranian security official rejected the claim, saying Tehran will not negotiate until its conditions are met.
A Danish military helicopter came within “metres” of being struck by flares fired by a Russian warship, Denmark's Defence Minister Jeppe Bruus said on Tuesday. Russia accused Denmark of carrying out “dangerous manoeuvres” near its ship, and said it was investigating the incident.
McDonald's and Chinese food-delivery giant Meituan have launched China's first drone-delivery route dedicated to a single catering brand, bringing the technology to Shanghai's popular West Bund riverfront.
A Danish military helicopter came within “metres” of being struck by flares fired by a Russian warship, Denmark's Defence Minister Jeppe Bruus said on Tuesday. Russia accused Denmark of carrying out “dangerous manoeuvres” near its ship, and said it was investigating the incident.
The U.S. Environmental Protection Agency (EPA) has announced plans to scrap Biden-era carbon emission limits on coal- and gas-fired power plants, marking a major reversal in U.S. climate policy.
University students in Mexico have held a vigil for a 21-year-old Spanish exchange student killed in the central state of Morelos, with authorities investigating her death as a possible feminicide.
Every day since a torrent of mud and rocks destroyed a Nepal-China border crossing high up in the Himalayas last month, Arushi Gupta's parents have called and messaged their missing daughter hoping she somehow survived.
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