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View all search resultsThe court's ruling invalidated a number of tariffs that the Trump administration had imposed on Asian export powerhouses from China and South Korea to Japan and Taiwan, the world's largest chip maker and a key player in tech supply chains.
Trump on Thursday gave Tehran a deadline of 10 to 15 days to make a deal to resolve their longstanding nuclear dispute or face "really bad things" amid a US military buildup in the Middle East that has fueled fears of a wider war.
While the conservative-majority Supreme Court ruled that Trump was not authorized by the International Emergency Economic Powers Act (IEEPA) to impose tariffs, the ruling does not impact sector-specific duties that Trump has imposed on imports of steel, aluminum and various other goods.
The court's landmark 6-3 ruling upended the leverage Trump and his trade envoys have wielded over foreign governments, both allies and foes, at negotiating tables around the world to reshape diplomatic relations and global markets.
While putting its best efforts into securing peace in Gaza, President Prabowo Subianto said Indonesia would always be cautious, especially in deploying its troops on the Board of Peace’s peacekeeping mission in the territory.
The US Supreme Court has struck down President Donald Trump’s sweeping tariffs that he pursued under a law meant for use in national emergencies, rejecting one of his most contentious assertions of his authority in a ruling with major implications for the global economy.