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A US trade court has blocked most of Donald Trump's tariff measures, deeming that he overstepped his authority under the International Emergency Economic Powers Act. The court's decision, which consolidates multiple lawsuits, invalidates tariffs imposed on countries like Canada, Mexico, and China. The White House has criticized the ruling and immediately filed an appeal, but other Trump-era tariffs remain valid.
Duty cut in crude edible oils set to help processors as duty difference with refined oils rises to 19.25%
This release is in addition to the regular monthly instalment of tax devolution of ₹81,735 crore, which will be released on June 10, 2025
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