Trade policy of Donald Trump under challenge in US court: Legal setback for Trump tariffs - Insights
In the world of business and economy, several significant events have unfolded over the past week.
The tariffs imposed by former President Donald Trump under emergency powers have taken effect, causing ripples in the global trade landscape. On Friday, August 30, 2025, a US federal appeals court ruled on these tariffs, with most of them being deemed illegal by the court. The exact date when the U.S. Supreme Court ruled most of these tariffs as illegal remains unspecified.
The impact of these tariffs on the economy is currently being decoded, with experts and policymakers working diligently to understand the implications. Notably, the tariffs in question were imposed on various goods, including those from India.
In a separate development, the Indian economy, facing global challenges, has been a topic of discussion. ITC Chairman Sanjiv Puri recently commented on the Q1 GDP growth, expressing optimism despite the challenges presented.
Moving on to the world of initial public offerings (IPOs), two notable events are on the horizon. The IPO of Amanta Healthcare is set to launch tomorrow, while the allotment status for Anlon Healthcare and Vikran Engineering can be checked online via PAN.
In the stock market, a 1212% return stock from an auto components company has been announced. Details regarding the record date and cash reward for this impressive return are available. Additionally, on Tuesday, September 2, bonus issues, stock splits, dividends, and right issues will be announced by 21 companies.
Lastly, a report suggests that Donald Trump has canceled his plans to visit India for the Quad Summit. The exact reasons for this cancellation remain unclear.
These developments underscore the dynamic and ever-changing nature of the business and economy, making it an exciting field to watch and participate in.
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