Iran-Israel-U.S. Conflict Turns Strait of Hormuz Into a Global Economic Event
The Iran-Israel-U.S. conflict has become a global economic event, spiking energy prices and disrupting travel, visas, and trade…
Costco Hit With Proposed Class Action Over Trump-Era Tariff Refunds
A class-action lawsuit demands Costco pass $166 billion in potential Trump-era tariff refunds to customers who paid higher…
U.S. Opens Section 301 Probe Into 16 Countries Over Structural Excess Capacity
U.S. launches Section 301 probes into 16 nations, including India and China, targeting manufacturing overcapacity and setting the…
Trump Hails Reliance-Backed Brownsville Refinery as America First Jobs and Security Win
Trump announces America First Refining in Brownsville, Texas, a major new $300B economic impact project backed by Reliance…
Senate Democrats Seek Small Business Tariff Relief Under Section 122 of Trade Act
Senate Democrats propose the Small Business Liberation 2.0 Act to exempt small firms from Trump's 10% tariffs and…
Central Board of Indirect Taxes and Customs Eases Return Exports via Strait of Hormuz
India and the U.S. launch emergency trade measures as Strait of Hormuz conflict disrupts 90% of shipping traffic…
$166 Billion Trump Tariff Refunds Stall as U.S. Customs Cites Ieepa Limits
CBP tells court it cannot immediately refund $166B in invalidated Trump tariffs due to technical constraints, aiming for…
US Court of International Trade Orders Customs to Refund $130 Billion in Trump Tariffs
U.S. Court of International Trade orders CBP to refund $175B in unlawful Trump-era tariffs with interest, affecting 300,000…
Supreme Court Invalidates Trump’s Ieepa Tariffs, but $130 Billion Refunds Face Delay
The Supreme Court struck down IEEPA-based global tariffs, ruling that taxing authority belongs to Congress, leaving importers to…
U.S. Court of Appeals Upholds Tariff Ruling, Blocking Trump Administration Relief
Federal Circuit rejects Trump admin request to delay tariff ruling; $200B in potential refunds move closer to resolution…
Supreme Court Invalidates Trump Tariffs, but Refunds Face Lengthy Delays
U.S. Supreme Court strikes down Trump’s IEEPA tariffs, exposing $175B to refund claims while the administration launches new…
Central Board Revises Tariff Values in Notification No. 22/2026–customs
India's CBIC updates import tariff values for gold, silver, and oils effective Feb 19, 2026, maintaining existing rates…
DGFT Halves Rodtep Rates in Notification No. 60 Rationalisation
India slashes RoDTEP export remission rates by 50% following budget cuts, sparking concerns over global competitiveness and disrupted…
Fedex Challenges Trump Tariffs Under International Emergency Economic Powers Act
FedEx sues U.S. for tariff refunds after Supreme Court strikes down Trump’s emergency levies, potentially triggering $175 billion…