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India delays U.S. trade talks after Supreme Court rejects Trump tariffs: Reuters
India postponed trade talks with the U.S. due to tariff uncertainties after the Supreme Court struck down Trump-era tariffs, affecting a $500 billion trade framework, officials said.
- On Saturday, the Union Commerce Ministry said it is studying all developments and implications after the US Supreme Court struck down reciprocal tariffs on February 20.
- The judges said `does not authorise` the president to impose tariffs, and Mr. Trump signed a temporary 10% levy for 150 days soon after the ruling.
- Under the India‑US interim trade framework, US tariffs were to fall to 18% from a combined 50%, and the US suspended `de minimis` exemptions , affecting small exporters and e‑commerce sellers.
- A three-day meeting to finalise the legal text begins in the United States on February 23, with chief negotiator Darpan Jain leading the Indian delegation.
- Remaining tariffs like Section 232 carry 50% steel and aluminium duties, and recent US trade deals are rendered one-sided, with Congress urging renegotiation.
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Coverage Details
Total News Sources46
Leaning Left6Leaning Right13Center7Last UpdatedBias Distribution50% Right
Bias Distribution
- 50% of the sources lean Right
50% Right
L 23%
C 27%
R 50%
Factuality
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