In a separate post, Trump claimed prices are down with "virtually no inflation." He defended his global tariffs, saying they are bringing in trillions of dollars "from Countries that took advantage of us." -ABC News' Lauren Peller

The 50% US tariff, which is one of the highest levies on any country in the world, has been charged over America’s accusations that India’s crude oil purchase from Russia is financing Moscow to attack Ukraine in the war.

World shares are mixed as investors watch for further news after a U.S. court ruled against President Donald Trump's sweeping higher tariffs. U.S. futures edged higher while oil prices also