‘Studying its implications’: India on US Supreme Court Ruling on Trump 15% Tariffs
By Anjali Sharma
WASHINGTON – India Union Ministry of Commerce & Industry said in a statement issued on Saturday that “We are studying all these developments for their implications of the riuling. .
“We have noted the US Supreme Court judgment on tariffs yesterday. President Trump has also addressed a press conference in that regard. Some steps have been announced by the US Administration. We are studying all these developments for their implications,” the ministry said in its first reaction to the US top court’s ruling.
The court delivered a massive setback to the Donald Trump administration as it struck down the tariffs imposed by the US President on several countries, including India. In its 6-3 verdict, the US Supreme Court held that the reciprocal tariffs imposed by US President Trump on several countries, including India, are unconstitutional.
The top court ruled that Trump exceeded his authority when he invoked the International Emergency Economic Powers Act of 1977 to impose these tariffs.
Trump criticized the ruling and slammed the six judges, including the three appointed by the Republican presidents, who delivered the judgment.
He invoked Section 122 of the Trade Act of 1974 to announce 10 per cent tariffs on all countries. The rarely used section empowers the US President to impose up to 15 per cent tariffs for 150 days.
US had signed a trade deal with India earlier this month. Under the interim framework of the deal, Washington reduced its reciprocal tariffs on New Delhi from 25% to 18%.
Trump initially claimed that the ruling would not change anything for the India-US trade agreement and that “New Delhi will be paying tariffs, and we will not be paying tariffs”.
White House clarified that the tariffs on India and all other countries have come down to 10% after the Supreme Court’s ruling.
