Trump Administration to Challenge Ruling Mandating Broad Tariff Refunds
The Trump Administration plans to appeal a court order requiring refunds to businesses over illegal tariffs, arguing only litigants should receive compensation.
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Trump Administration to Appeal Order Expanding Tariff Refunds to All Importers
The Trump administration plans to challenge a federal court ruling that allows all importers who paid invalidated tariffs to claim refunds, potentially delaying billions in repayments.
Trade & Tariffs
Expert Questions Durability of Trump’s Broad Tax Immunity Agreement with Justice Department
A recent deal granting Donald Trump and his businesses expansive tax protections faces scrutiny from experts who warn it may not hold once he leaves office.
Trade & Tariffs
US, UK, and Australia Accelerate Development of Underwater Drones to Counter China
The AUKUS alliance unveils a rapid push to deploy advanced underwater drones aimed at protecting critical seabed infrastructure and enhancing military surveillance.
Trade & Tariffs
Trump Administration to Appeal Order Allowing Broad Tariff Refunds to Importers
After the Supreme Court invalidated tariffs, the government began issuing refunds to importers but now plans to appeal a ruling that expanded refund eligibility to all companies that paid the duties.
Trade & Tariffs
Trump Administration to Appeal Broader Tariff Refund Order Amid Ongoing Payouts
The Trump administration announced plans to challenge a court ruling allowing all importers who paid struck-down tariffs to claim refunds, potentially slowing the refund process.
Trade & Tariffs
Russia and Taliban Formalize Military Cooperation Amid Regional Security Concerns
Russia and the Taliban have signed a military cooperation agreement focused on training and intelligence, highlighting mutual concerns over regional threats like Islamic State Khorasan.
Trade & Tariffs
US Signals Readiness to Resume Strikes on Iran if Nuclear Deal Fails
Defense Secretary Pete Hegseth confirmed the US is prepared to restart military strikes on Iran amid ongoing negotiations, emphasizing strong munitions stockpiles and dual global commitments.
Trade & Tariffs
AUKUS Unveils Advanced Undersea Warfare Project Boosting Maritime Security
Australia, the UK, and the US launch a new Pillar II initiative to develop uncrewed undersea vehicle technologies, aiming to enhance maritime defence capabilities starting in 2027.
Trade & Tariffs
Indian Markets Retreat Amid FII Selling and Below-Normal Monsoon Forecast
Indian equity indices slipped this week as foreign institutional investors offloaded shares and the meteorological department predicted a below-average monsoon, raising concerns over inflation.
Trade & Tariffs
US Defense Chief Signals Readiness to Resume Strikes on Iran if Negotiations Fail
The US signals preparedness to renew military strikes against Iran amid ongoing negotiations to prevent Iran from acquiring nuclear weapons.
Trade & Tariffs
China Accelerates Digital Yuan Adoption Through Lotteries and Public Sector Payments
China is expanding its digital yuan use by distributing it via lottery programs and incorporating it into government wages and subsidies, aiming to boost everyday adoption.