Soon after the US Supreme Court struck down President Donald Trump's reciprocal tariffs on countries under the IEEPA, Congress veteran P Chidambaram has asked the Indian government to explain what would be the impact of the US judgement on the trade deal framework that was announced earli
The Congress on Friday alleged that India hurried into a "one-sided, anti-India trade deal" with the United States following the US Supreme Court's decision to strike down Donald Trump's global tariffs.
US President Donald Trump reiterated his claim of mediating a "ceasefire" between India and Pakistan in 2024 with his threats of "200 per cent tariffs" as he argued against the US Supreme Court ruling to invalidate his reciprocal tariffs.
Congress leader P Chidambaram on Friday questioned the future of concessions made by India under the recently announced India-US trade framework, following a ruling by the Supreme Court of the United States that invalidated most of President Donald Trump's sweeping tariff measures.
In a post on X, he said, "A victory for the wallets of every American consumer. Trump's illegal tariff tax just collapsed--He tried to govern by decree and stuck families with the bill. Enough chaos. End the trade war."
US President Donald Trump on Thursday said that the Supreme Court's ruling that his administration's sweeping tariffs on goods from nearly all partner countries violated federal law is "deeply disappointing"
US Supreme Court Justice Brett Kavanaugh, in a dissenting opinion as the apex court struck down most of US President Donald Trump's tariff measures, said that the immediate consequences of the ruling could be substantial, including potential multi-billion-dollar refunds.
Taking it to X, Ramesh wrote, "Hats off to the US Supreme Court for striking down President Trump's entire tariff strategy! Quite an amazing decision given its ideological composition. A 6-3 verdict is decisive." He further added a sly remark that the American system of checks and balance
US Supreme Court Justice Brett Kavanaugh, on Friday in his dissenting opinion after the US apex court struck down President Donald Trump's sweeping tariff measures, underscored that there are still several federal statutes that provide the President with broad authority to impose tariffs.
In a major blow to US President Donald Trump's signature economic policy, the US Supreme Court on Friday invalidated most of his sweeping tariff measures, The Washington Post reported.
Jamieson Greer, the United States Trade Representative told The New York Times that in case the tariffs are struck down, Trump would replace them with other tariffs.