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India-US Trade Talks Delayed After Supreme Court Tariff Ruling

India and the United States have postponed a key meeting to finalize an interim bilateral trade agreement. The delay allows both sides to study the implications of a recent US Supreme Court judgment that struck down sweeping tariff hikes imposed by the Trump administration. In response to the court's decision, former President Donald Trump announced an immediate increase in global tariffs from 10% to 15%. The Supreme Court ruled that the previous tariff measures exceeded presidential authority under existing emergency powers law.

Key Points: India-US Trade Deal Meeting Rescheduled Post Court Ruling

  • Trade meeting rescheduled
  • US Supreme Court ruling impacts tariffs
  • Trump hikes global tariffs to 15%
  • Court says executive overstepped authority
2 min read

India, US reschedule meeting on interim trade deal

India and the US postpone trade talks to assess impact of Supreme Court striking down Trump-era tariffs. New meeting date to be set.

"Based on a thorough, detailed, and complete review of the ridiculous, poorly written, and extraordinarily anti-American decision on Tariffs... - Donald Trump"

New Delhi, Feb 22

India and Washington have decided to reschedule the official meeting over the interim bilateral trade agreement, so that both sides can factor in the implications of the US Supreme Court judgment striking down the Trump administration's tariff hikes, according to reliable sources.

A three-day meeting between teams headed by the chief trade negotiators of the two countries was earlier slated to take place in the US on February 23.

A senior official confirmed that the proposed visit of the Indian team to Washington to give the final touches to the bilateral trade deal will be held after the two countries have studied the latest developments that flow from the US Supreme Court judgment. A decision will be taken to set a new date for the meeting that is convenient for both sides, he added.

US President Donald Trump on Saturday raised the global tariffs from 10 per cent to 15 per cent after the big setback in the Supreme Court on Friday.

Taking to Truth Social, Trump wrote, "Based on a thorough, detailed, and complete review of the ridiculous, poorly written, and extraordinarily anti-American decision on Tariffs issued yesterday, after MANY months of contemplation, by the United States Supreme Court, please let this statement serve to represent that I, as President of the United States of America, will be, effective immediately, raising the 10% Worldwide Tariff on Countries, many of which have been "ripping" the U.S. off for decades, without retribution (until I came along!), to the fully allowed, and legally tested, 15% level."

The Supreme Court of the United States on Friday struck down President Donald Trump's sweeping reciprocal tariff measures, ruling that the executive branch exceeded its constitutional authority by using emergency powers to levy broad import duties.

The judges, in a 6-3 verdict, held that Trump's aggressive approach to tariffs on products entering the United States from across the world was not permitted under a 1977 law called the International Emergency Economic Powers Act (IEEPA).

The ruling invalidates many, but not all, of Trump's tariffs. An angry Trump called the judgment a "disgrace" after being informed about it during a meeting with governors. He also said he had a backup plan.

- IANS

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Reader Comments

R
Rohit P
Good decision to postpone. Trump's tariff policy seems chaotic. One day up, one day down because of courts. Our trade team should use this time to strengthen our position, especially for our IT and pharmaceutical sectors.
A
Aman W
While caution is good, I hope this delay doesn't become indefinite. We need market access for our goods, especially with global economic headwinds. A balanced interim deal could help our exporters.
S
Sarah B
Interesting to see the checks and balances in the US system play out in real-time on trade. The court ruling shows even presidential powers have limits. This complexity is why our negotiators need to be extra careful.
V
Vikram M
Trump raising tariffs to 15% immediately after the court setback shows his unpredictable style. India must negotiate from a position of strength, not desperation. Our domestic market is huge, remember that.
K
Karthik V
A respectful criticism: I hope our side is not just reacting to US developments but has a clear, proactive strategy. We should be setting the agenda on issues like easier visas for our professionals, not just responding to their tariff tweets.

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

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