Trump Administration May Impose 15% Global Tariffs As Legal Challenges Mount: Report
The Trump administration is considering imposing temporary tariffs of up to 15% on a wide range of goods from around the world, according to a Wall Street Journal report. The move comes as a response to recent legal rulings that have undermined the administration's existing tariff policies.
Sources familiar with the matter told the Wall Street Journal that the White House is exploring the use of a little-known provision in the Trade Act of 1974, which allows for temporary tariffs lasting up to 150 days in response to trade imbalances. While no final decision has been made, the administration is weighing the option as a short-term solution while it works on a more permanent strategy, the sources said.
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News18
37 minutes ago
- News18
'9th Time In 20 Days': Jairam Ramesh Asks PM Modi To 'Speak Up' On Trump's Ceasefire Claims
Last Updated: On Friday, Trump reiterated that he had stopped India and Pakistan from engaging in a full-blown conflict and averted a nuclear confrontation The Congress is at it again. Two days after questioning the silence of Prime Minister Narendra Modi on Donald Trump's claims of having brokered the ceasefire between India and Pakistan, the Grand Old Party once again asked PM Modi to 'speak up" as the US President repeated his assertions. On Friday, Trump reiterated that he had stopped India and Pakistan from engaging in a full-blown conflict and averted a nuclear confrontation. 'We stopped India and Pakistan from fighting. I believe that could have turned out into a nuclear disaster, and I want to thank the leaders of India and Pakistan, and I want to thank my people. 'Also, we talk trade, and we say we can't trade with people who are shooting at each other and potentially using nuclear weapons. They're great leaders in those countries, and they understood and they agreed, and that all stopped, and we're stopping others from fighting. Also, because ultimately, we can fight better than anybody, we have the greatest military in the world. We have the greatest leaders in the world…" The US President's statement gave fresh ammo to the Congress, with party MP Jairam Ramesh saying it was the '9th time in 20 days" that Trump had repeated the sequence of events but the prime minister had maintained silence on the issue. This is the 9th time in 20 days, across 3 countries and 3 cities. Donaldbhai keeps repeating the same sequence of events of how he got the 4-Day India-Pakistan war to stop – US intervention and the use of the trade instrument to stop nuclear escalation. The equivalence of India… — Jairam Ramesh (@Jairam_Ramesh) May 31, 2025 'This is the 9th time in 20 days, across 3 countries and 3 cities. Donaldbhai keeps repeating the same sequence of events of how he got the 4-Day India-Pakistan war to stop – US intervention and the use of the trade instrument to stop nuclear escalation. The equivalence of India and Pakistan gets reiterated yet again. President Trump's Commerce Secretary has made exactly the same claims in his submission to the New York-based Court of International Trade on May 23rd. But Donaldbhai's friend Mr. Narendra Modi continues to ignore his claims with absolute silence. Why doesn't the PM speak up?" Ramesh asked on X. This is not the first time Ramesh has trained his guns on the government's radio silence on the issue. Earlier, the Congress leader said: 'Our Prime Minister does not want to hear about tariffs; our Prime Minister only wants to hear 'Tareef' (praise). So, the PM is silent on this. The Prime Minister has not said anything." He also slammed the US President for hyphenating India and Pakistan, saying: 'India's economy has increased 10 times in comparison to Pakistan's economy, but both of them have come in the same boat. How can this happen?" THE CEASEFIRE India, in retaliation for the April 22 Pahalgam terror attack that killed 26 people, launched Operation Sindoor on May 7, pounding terror launchpads linked to outfits such as Lashkar-e-Taiba and Jaish-e-Mohammad in Pakistan and PoK and killing more than 100 terrorists. A rattled Pakistan responded with attempts to launch a military action, resorting to cross-border shelling, drone assaults, and even military strikes. However, India's air defence system and armed forces thwarted these attempts. After four days of intense cross-border fighting, India and Pakistan arrived at a ceasefire understanding on May 10, with Trump announcing the truce. WHAT TRUMP SAID The US President had claimed that India and Pakistan agreed to reach a 'full and immediate" ceasefire after mediated talks, claiming that he used 'trade to a large extent" to broker the ceasefire. 'I said let's make a deal, let's do some trading. Let's not trade nuclear missiles. Let's trade the things you make so beautifully. And they both have very powerful leaders, strong leaders and it all stopped. Hopefully it will remain that way," he had said. However, the external affairs ministry slammed Trump's offer to mediate on Kashmir and his claim of having used trade to prevent a 'nuclear war", saying that the military action under Operation Sindoor was 'entirely in the conventional domain". While addressing a press briefing, MEA spokesperson Randhir Jaiswal said, 'I refer to you the position made clear on May 13. From the time Operation Sindoor commenced on May 7, the issue of trade or tariff did not come up in any of these discussions. External Affairs Minister Dr S Jaishankar had also clarified it was established directly through DGMOs." Location : New Delhi, India, India First Published: May 31, 2025, 09:04 IST News politics '9th Time In 20 Days': Jairam Ramesh Asks PM Modi To 'Speak Up' On Trump's Ceasefire Claims
New Indian Express
39 minutes ago
- New Indian Express
Musk vows to stay Trump's 'friend' in bizarre black-eyed farewell
WASHINGTON: Billionaire Elon Musk bade farewell to Donald Trump in an extraordinary Oval Office appearance Friday, sporting a black eye, brushing aside drug abuse claims and vowing to stay a "friend and advisor" to the US president. As the world's richest person bowed out of his role as Trump's cost-cutter-in-chief, the Republican hailed Musk's "incredible service" and handed him a golden key to the White House. But Trump insisted that Musk was "really not leaving" after a turbulent four months in which his Department of Government Efficiency (DOGE) cut tens of thousands of jobs, shuttered whole agencies and slashed foreign aid. "He's going to be back and forth," said Trump, showering praise on the tech tycoon for what he called the "most sweeping and consequential government reform program in generations." South-African born Musk, wearing a black T-shirt with the word "Dogefather" in white lettering and a black DOGE baseball cap, said many of the $1 trillion savings he promised would take time to bear fruit. "I look forward to continuing to be a friend and advisor to the president," he said. But many people were more interested in the livid black bruise around Musk's right eye. Speculation about the cause was further fueled by accusations in the New York Times Friday that Musk used so much of the drug ketamine on the 2024 campaign trail that he developed bladder problems.
NDTV
42 minutes ago
- NDTV
Donald Trump's Biographer On Why US President Has A "Grudge" Against Harvard
Washington: US President Donald Trump has intensified his war with Harvard recently, with social media users claiming that his hatred for the Ivy League university comes from his son, Barron Trump, not being accepted. But, the President's biographer, Michael Wolff, has suggested something else. According to him, it was Trump, not Barron, who was rejected by Harvard. Wolff, the author of 'Fire and Fury', 'Siege: Trump under fire', and this year's 'All or nothing', presented his theory about the US President during a podcast with the The Daily Beast. While the host, Joanna Coles, suggested that many people linked to Trump studied at Harvard, Wolff said, "It's important not to lend too much calculation and planning to anything he does." "But the other thing is that, by the way, he didn't get into Harvard. So one of the Trump things is always holding a grudge against the Ivy League," he added. Trump studied at Fordham University in 1964 after four years of attending the New York Military Academy. Two years later, he transferred to the Wharton School of Finance and Commerce at the University of Pennsylvania - where he graduated with a bachelor's degree in economics. However, there is no official data available on whether the US President applied to Harvard, let alone he was rejected. No published biographies have also mentioned this claim. A White House spokesperson hit out at Wolff and The Daily Beast for "peddling fake news", adding that Trump did not need to apply to an "overrated and corrupt" university like Harvard. "They both peddle fake news for clickbait in a hopeless attempt to amount to something more than lying losers. The President didn't need to apply to an overrated, corrupt institution like Harvard to become a successful businessman and the most transformative President in history," Taylor Rogers said. 'The Trump show' Wolff, additionally, suggested that apart from "holding the grudge", Trump's "TV star instincts as a producer" play a key role in his legal battle against Ivy League Universities - especially Harvard. According to the author, Trump needs an enemy. "That's what makes the show great, the Trump show. He picks fantastic enemies. And Harvard, for all it represents, fits right into the Trump show. The president loves the drama. He's done what he set out to do - dominate the headline. What do you do? You go after Harvard in a way that is draconian, dramatic, and existential. It's threatening Harvard on that level," he told The Daily Beast. According to him, this becomes another aspect of the "Trump show". Trump-Harvard battle Donald Trump's crackdown on Harvard has taken a more aggressive stance within a few months of the Republican leader taking office for the second term - saying that he is seeking to eliminate antisemitism on campuses. He had even accused his predecessor, Joe Biden, of letting some of the Ivy League universities off the hook. Harvard had first fallen prey to the crackdown last month when the White House put a $2.2 billion freeze on federal funding. Trump had put forth a few conditions to revoke the ban on federal funding, but refused to bend the knee. Last week, the administration sent a letter to the university banning the Ivy League's ability to enroll international students amid an ongoing investigation into the university. It also mentioned said that Harvard could still reverse the government's ban and enroll foreign students - if they fulfill Trump's conditions within 72 hours. However, the university refused again. Shortly after receiving the letter, Harvard slammed the Trump administration and called the move "unlawful". Earlier this week, the Trump administration reportedly ordered all its consular missions overseas to begin additional vetting of visa applicants looking to travel to Harvard University for any purpose.
