India, US Postpone Trade Deal Talks After US Supreme Court Strikes Down Trump Tariffs: Reports
India and the United States have decided to postpone their scheduled meeting on an interim bilateral trade agreement following a recent US Supreme Court ruling on tariff measures, according to reports.
As per reports, a three-day meeting between trade officials from both countries was earlier scheduled to begin in Washington on February 23.
The talks were to be led by the chief trade negotiators of India and the US and aimed at giving final shape to parts of the proposed trade deal.
India Was Buying Oil From Russia, But Pulled Back On My Request: Trump Claims On India Deal
However, according to the reports, both sides have agreed to reschedule the meeting so they can assess the implications of the US Supreme Court’s decision striking down key tariff measures introduced by Donald Trump.
The Supreme Court of the United States ruled in a 6-3 verdict that the Trump administration exceeded its constitutional authority by imposing sweeping reciprocal tariffs under the 1977 International Emergency Economic Powers Act (IEEPA). The court said the emergency powers law did not permit such broad import duties.
US Supreme Court Rules Against Trump Tariffs: What Are The Options For The President
According to reports, a senior Indian official confirmed that the proposed visit of the Indian delegation to Washington will now take place after both countries study the impact of the judgment. A fresh date for the meeting will be decided at a mutually convenient time.
Following the ruling, Trump announced that he would raise global tariffs from 10 per cent to 15 per cent. In a statement shared on Truth Social, he criticised the court’s decision and described it as “anti-American.”