India Today: Trade War Erupts: Trump Slaps Massive 100% ‘Punishment’ Tariff On All Chinese Goods [Video]

This special report focuses on the escalating trade war between the United States and China, with former US President Donald Trump announcing a significant tariff hike on Chinese goods. According to reports cited in the bulletin, Donald Trump stated that ‘this 100% tariff will be applied on Chinese goods from the 1st of November’. This move comes as existing tariff relief measures are set to expire. The discussion, featuring insights from correspondent Pranay, explores the potential impact on both the US and Chinese economies, as well as global supply chains. The tariffs are seen as a pressure tactic by Trump ahead of potential meetings with Chinese President Xi Jinping at the APEC and ASEAN summits, and are linked to China’s control over the export of crucial rare earth minerals. 

https://www.msn.com/en-us/money/markets/trade-war-erupts-trump-slaps-massive-100-punishment-tariff-on-all-chinese-goods/vi-AA1Og6jz

Money Talks News: Trump China Tariffs Threaten Major US Supply Chain Disruption [Video]

Trump’s 145% tariffs on Chinese goods have caused cargo shipments to plummet by up to 60%. Major retailers warn of empty shelves and higher prices as the critical inventory-building period for holiday shopping approaches. 

https://www.msn.com/en-us/money/news/trump-china-tariffs-threaten-major-us-supply-chain-disruption/vi-AA1OnnY3

CNBC: Most Trump tariffs ruled illegal in blow to White House trade policy

  • A federal appeals court ruled that most of President Donald Trump’s global tariffs are illegal, striking a massive blow to the core of his aggressive trade policy.
  • Trump is all but certain to appeal the ruling to the Supreme Court.

A federal appeals court ruled Friday that most of President Donald Trump‘s global tariffs are illegal, striking a massive blow to the core of his aggressive trade policy.

The U.S. Court of Appeals for the Federal Circuit in a 7-4 ruling held that the law Trump invoked when he granted his most expansive tariffs does not actually grant him the power to impose those levies.

Trump is all but certain to appeal the ruling to the Supreme Court. The appellate court paused its ruling from taking effect until Oct. 14, in order to give the Trump administration time to ask the Supreme Court to take up the case.

The White House did not immediately respond to CNBC’s request for comment on Friday’s ruling, which is the second straight loss for Trump in the make-or-break case.

The Trump administration has argued that the International Emergency Economic Powers Act, or IEEPA, empowers the president to effectively impose country-specific tariffs at any level if he deems them necessary to address a national emergency.

The U.S. Court of International Trade in late May rejected that stance and struck down Trump’s IEEPA-based tariffs, including his worldwide “reciprocal” tariffs unveiled in early April. But the Federal Circuit quickly paused that ruling while Trump’s appeal played out.

https://www.cnbc.com/2025/08/29/trump-trade-tariffs-appeals-court-ieepa.html

Money Talks News: Trump’s Tariffs Could Send Your Insurance Premiums Skyrocketing

https://www.msn.com/en-us/money/news/trump-s-tariffs-could-send-your-insurance-premiums-skyrocketing/vi-AA1LnLYO