India says it is ‘studying implications’ of US Supreme Court striking down Trump’s tariffs
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The Union Commerce Ministry on Saturday said that the government is studying developments in the United States on tariffs and their implications for India.
“We have noted the US Supreme Court judgement on tariffs,” the ministry said in a statement. “Some steps have been announced by the US administration. We are studying all these developments for their implications.”
The statement came a day after the US Supreme Court struck down global tariffs imposed by Trump, ruling in a 6:3 verdict that he had exceeded his authority. The judges said that the 1977 International Emergency Economic Powers Act, which Trump had invoked, “does not authorise the president to impose tariffs”.
Soon after the Supreme Court ruling, Trump signed a proclamation imposing a temporary 10% levy on articles imported into the United States.
The new tariffs will take effect for a maximum of 150 days, unless the US Congress approves an extension. This, however, leaves the status of recently-signed trade deals with other countries unclear.
With respect to India, Trump said on Friday that “nothing changes” and that the levies on New Delhi will continue. “They’ll be paying tariffs and we will not be paying tariffs,” he told reporters at the White House.
According to the framework for the deal with India, US tariffs on Indian goods were to be...
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