Trump accuses SCOTUS of being swayed by foreign interests after legal setback; attacks US companies and attorneys with India ties

TOI correspondent from Washington: In an extraordinary and unprecedented attack on a storied 236-year old institution that predates the arrival in America of his forbears by almost a century, President Donald Trump has accused the US Supreme Court of being swayed by foreign interests after it struck down his “liberation day” tariffs in a 6-3…

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‘Why did we compromise our … ‘: Congress raises 7 questions after US court strikes down Trump tariffs

PM Modi and US President Donald Trump (File photo) NEW DELHI: The Congress on Saturday once again targeted Prime Minister Narendra Modi over the recently finalised interim trade agreement, earlier this month, between India and the United States, which took nearly a year to reach mutual consensus. The largest opposition party’s attack on PM Modi…

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Pharma exports grow 9.4% to $30.47 billion in FY25; industry eyes double-digit expansion by 2026-27

India’s pharmaceutical exports rose 9.4 per cent in 2024–25 to $30.47 billion, with the industry targeting double-digit growth in 2026–27 amid efforts to expand global market access, the commerce ministry said on Saturday, PTI reported. Issues related to pharmaceutical exports were discussed during a Chintan Shivir held in Ahmedabad between government officials and industry representatives,…

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US tariff cut to 10% boosts outlook for India’s labour-intensive exports; pharma, textiles among key gainers

The reduction of US reciprocal tariffs on Indian goods from 25 per cent to 10 per cent is expected to significantly improve the competitiveness of labour-intensive sectors such as pharmaceuticals, electronics, engineering goods, textiles, and gems and jewellery in the American market, industry representatives said.The development follows a US Supreme Court ruling that struck down…

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US Supreme Court tariff ruling adds uncertainty to global trade outlook, offers limited relief: Analysts

The US Supreme Court’s decision striking down tariffs imposed by President Donald Trump has done little to ease pressures on the global economy, with analysts warning that uncertainty over future trade policy may instead intensify. Economists said the ruling, while limiting Trump’s use of tariffs under emergency powers, is unlikely to change the broader trajectory…

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