Shares of Tat Motors, Samvardhana Motherson and pharma companies will gain traction in Thursday’s trade (May 29, 2025) as the US Court as a big step has blocked US President Donald Trump’s ‘Liberation Day’ tariffs.
This is as the US Federal court hails ‘Liberation Day’ tariffs as illegal and prevented his plan of levying sweeping tariffs under emergency powers, doing away with the major part of his trade policy.
In a ruling made on Wednesday, the Court of International Trade with a three-judge panel declared the executive orders as illicit. As per the order, there was levied a 10 per cent baseline tariff on most of the goods imported into the US together with higher duties on imports from countries.
Anurag Dhole is a seasoned journalist and content writer with a passion for delivering timely, accurate, and engaging stories. With over 8 years of experience in digital media, she covers a wide range of topics—from breaking news and politics to business insights and cultural trends. Jane's writing style blends clarity with depth, aiming to inform and inspire readers in a fast-paced media landscape. When she’s not chasing stories, she’s likely reading investigative features or exploring local cafés for her next writing spot.
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
