Kumaran, while speaking at the Special Briefing by MEA on State visit of President of Brazil to India, said that it was a rather new development and both sides needed to study about it.
US President Donald Trump on Saturday said that he is raising the 10% worldwide tariff on countries announced yesterday "to the fully allowed, and legally tested, 15% level."
The government said on Saturday that it is studying the implications of the US Supreme Court judgement on tariffs and the steps announced by the President Trump Administration.
The growers' association alleged that the government had not framed a policy in line with the apex court's directions to regularise land for farmers and instead initiated eviction proceedings without completing due legal formalities.
"It's good for India that tariffs get reduced. And it, of course, is for all over the world. But we have an advantage because we have the raw materials itself, we can give big delivery and good quality. It is advantageous for India. Even with the Supreme Court order, we are benefited," Dr Sa
India remains in a strong position despite recent changes to the US tariff regime, according to Chandrima Chatterjee, Secretary General of the Confederation of Indian Textile Industry (CITI).
The landmark 6-3 ruling by the US Supreme Court striking down emergency tariffs has sent ripples through the global trade community. While the ruling curtails executive power, the immediate introduction of a 10 per cent uniform levy under Section 122 has drawn sharp reactions from trade, leg
Speaking to reporters here on Saturday, Joshi said, "I have read in the media that the US top court has given some judgment and the Indian government will study that, and whatever the reaction needs to be given, that will be given by the Commerce Ministry and MEA, not by me."
Speaking to the media here on Saturday, Ramesh said, "We demand that in view of the Supreme Court's decision on tariff, the Modi government should immediately put the Indo-US framework of interim agreement on hold."
Speaking on the ruling, Tewari said, "The 6-3 verdict of the US Supreme Court is a message to all constitutional courts around the world that they are charged with the responsibility of checking executive excess, and if the judiciary does not step up to the plate or does not perform its d
He alleged that despite this knowledge, the Indian government moved hastily. "What forced or compelled Narendra Modi to suddenly, on the 2nd of February, call up Donald Trump and accept all his conditions, including the fact that we will not buy cheap oil from Russia? That in itself is a