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TARIFF REFUNDS
US deficit reaches $1.8 trillion in first 10 months of fiscal 2026US federal budget deficit hit a record $432 billion in July, taking the fiscal 2026 shortfall to $1.799 trillion in the first 10 months. Hi...- Bought something last year from an overseas vendor? It might be time to check your bank a/cFollowing a Supreme Court ruling that mandates the return of collected tariffs, major shipping companies are now issuing significant refund...
- Billions in Trump tariff refunds go to Apple, Amazon and Nike after Supreme Court ruling—but what happened to the promised $2,000 checks for Americans?Major companies are receiving billions in tariff refunds after a Supreme Court ruling. Apple, Amazon, and Nike are among the largest benefi...
- Early surge in US container imports coming to an end, shippers sayUS container import volume, driven by tariffs and war surcharges, has peaked. Shippers are now well-stocked for the upcoming holiday shoppi...
- Global Market: Japan stocks fall over 1% as chip shares tumble, SoftBank declines despite earnings beatJapan's Nikkei fell over 1% on Friday, dragged down by a selloff in AI and semiconductor stocks, even as the broader Topix stayed roughly f...
- 'Need to elect JD', Trump mulls over Vance as Presidential candidate for 2028: ReportPresident Trump privately indicated support for JD Vance's 2028 presidential aspirations. He told donors he wants to see his vice president...
- US has refunded about $100bn in Trump tariffsThe Trump administration has refunded approximately $100 billion in tariffs. This action follows a Supreme Court decision that invalidated ...
- BSNL ordered to pay Rs 15,000 compensation for misleading recharge offer: Man says Rs 449 plan promised 84,000 seconds but call balance was deducted by minutesBSNL has been ordered to pay Rs 15,000 in compensation after a Kerala consumer commission found it misled a customer with a recharge leafle...
- Apple posts record June quarter revenue of $109.4 billion; flags higher memory chip prices as pressure pointApple reported an all-time high revenue of $ 109.4 billion for the June quarter, marking a notable surge in emerging markets, particularly ...
- Apple revenue, profits beat expectations on iPhone, Mac salesApple said sales for its fiscal third quarter ended June 27 were up 16.4% to $109.42 billion, compared with analyst estimates of a 15.5% ri...
- Starbucks raises annual forecasts again as turnaround takes rootStarbucks has raised its annual sales and profit forecasts again. The company's turnaround strategy has reignited demand and improved custo...
- This wave of Trump tariffs is likely here to stay; more are comingThe Trump administration is rebuilding its tariff wall using established trade laws. New duties target forced labor and excess industrial c...
- Trump’s new tariffs prompt lawsuit from small businessesThe Trump administration faces two new lawsuits challenging its latest global tariffs of 10%-12.5%, imposed under Section 301 of the Trade ...
- US Stock Market: US Treasury's growing reliance on short-term bills sparks debate over borrowing risksThe US Treasury is increasing short-term bill issuance to meet rising funding needs. This strategy aims to rebuild government cash balances...
- Trump team races the clock to rebuild US tariff wall knocked down by Supreme CourtA Supreme Court ruling has led to a notable decline in Treasury revenue from import taxes in the United States. President Trump's administr...
- PepsiCo bets on healthier products as inflation squeezes consumers; Q2 revenue tops estimatesPepsiCo reported strong second-quarter revenue, exceeding analyst expectations. Healthier product demand helped offset softer North America...
- Commerce ministry convenes stakeholders' meet on June 30 on SEZ issuesThe commerce ministry is convening a stakeholder meeting on June 30 to address critical issues concerning Special Economic Zones (SEZs). Di...
- Trade disruptions, API dependence, compliance costs: Pharma MSMEs spell out policy priorities on World MSME DayIndian pharmaceutical MSMEs are facing immense pressure from rising costs, supply chain woes, and stringent regulations. Industry represent...
- US inflation tops 4% for first time in three years, boosts Fed hike betsUS inflation surged past 4.0% in May, driven by Middle East conflict-fueled energy prices, marking the highest increase in three years. Thi...
- US Customs’ $166 billion tariff refund plan faces court fight over who gets access to payoutsA government official testifies today in federal court. This concerns billions of dollars in import taxes. The Supreme Court ruled these ta...
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