US President Donald Trump has announced a new 10&#37 global tariff under Section 122 authority, just hours after the Supreme Court ruled 6–3 against his use of emergency powers to impose sweeping tariffs. Calling the decision “deeply disappointing,” Trump insisted the ruling did not eliminate presidential tariff authority and vowed stronger action. He accused certain justices of lacking courage and claimed foreign nations were celebrating the verdict.

India and the European Union have signed a landmark free trade agreement after nearly 18 years of stop-start negotiations, in what European leaders are calling the “mother of all trade deals.” The timing is critical. India is currently facing steep 50 per cent tariffs on key exports to the United States, while Europe is under fresh tariff threats from President Donald Trump amid disputes involving Greenland and wider security concerns. Who benefits from the trade deal the most? Here is all you need to know.