Story perspectives
Trump's Tariffs Ruled Illegal; Global Trade Faces Uncertainty
9/2/2025
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Story summary
- A federal appeals court deemed most of Trump's global tariffs illegal, citing overreach of authority. The tariffs will stay in place during his Supreme Court appeal, raising concerns about Congress's tariff regulation role and increasing global trade uncertainty.
- Modi and Xi highlighted India-China partnership at the SCO Summit, focusing on enhancing trade relations despite tariff issues.
