"Any Country that wants to "play games" with the ridiculous Supreme Court decision, especially those that have "Ripped Off" the U.S.A. for years, and even decades, will be met with a much higher Tariff, and worse, than that which they just recently agreed to. BUYER BEWARE!!! Thank you for
Following a ruling by the US Supreme Court striking down most of Trump's sweeping tariff measures, a spokesperson for China's Ministry of Commerce (MOFCOM) on Monday stated that China has consistently opposed unilateral tariff hikes in any form, The Global Times reported.
The European Union has demanded that Washington honour its trade commitment and provide "full clarity" after the US President announced 15 per cent global tariffs following the Supreme Court's ruling to invalidate his previous tariffs under the International Emergency Economic Powers Act
The report noted that countries may need to adopt "counter-intuitive" negotiation strategies to position themselves during the interim period, as ultimate authority over tariffs rests with a finely balanced US Congress.
Congress Rajya Sabha MP P Chidambaram on Saturday slammed BJP supporters and economic commentators welcoming the 10 per cent tariffs on Indian goods by the United States, asking them to condemn the "weaponisation of tariffs" by Donald Trump.
In a post on X, she noted that while the trade now attracts a 10% tariff following the court intervention, US imports to India continue at 0%. She also praised Brazil for maintaining its trade sovereignty despite being among the highest-tariffed nations. Chaturvedi described the US court'
US Trade Representative Jamieson Greer on Friday said that the trade deals signed by the United States with countries from across the world would continue to remain in place despite the Supreme Court ruling and listed several other tools which maight be used to implement the trade deals,
He added that the Trump administration will use "alternative legal authorities" to enforce tariffs on the countries, assuring that the tariff revenue will remain unchanged.
A White House Official, when asked whether India will have to pay 10 per cent tariffs and whether they will replace previous tariffs under the International Emergency Economic Powers Act (IEEPA), told ANI, "Yes, 10% until another authority is invoked."
"Last Friday, in a Joint Statement, President Donald J. Trump announced a trade deal between the United States and India that will open up India's market of over 1.4 billion people to American products," the statement said.
Under the order, beginning on its effective date, the United States may impose an additional ad valorem duty-for example, up to 25 per cent- on goods imported into the US from any country that directly or indirectly purchases, imports, or otherwise acquires goods or services from Iran.
The Survey notes that the global economic environment has become increasingly uncertain, with trade policy now shaped more by strategic and political considerations than by multilateral rules.