Trump has said the tariffs are essential to reduce America’s longstanding trade deficits. He imposed duties under Section 122 of the Trade Act of 1974 after the Supreme Court struck down tariffs he imposed last year under an emergency powers law.
Federal Bank Q4 Results: Profit Meets Estimates, Provisions Rise, Dividend Announced
Federal Bank's standalone profit jumped 22% to Rs1,259 crore in the January-March quarter.


