Darpan Jain

Person

Last mentioned: 6h ago

Timeline

  1. Tariff Implementation

    15% across-the-board tariffs scheduled to take effect for 150 days.

  2. Negotiations Deferred

    India and US officially reschedule the Feb 23 chief negotiator meeting to evaluate legal impacts.

  3. Trump Retaliation

    President Trump announces 10% global tariffs, later increased to 15%.

  4. SCOTUS Ruling

    US Supreme Court strikes down presidential tariff authority, citing Congressional power.

  5. Framework Reached

    India and US announce a framework for an interim trade agreement.

Stories mentioning Darpan Jain 1

market-trends Bearish

US-India Trade Pact Stalls as SCOTUS Ruling Upends Trump Tariff Strategy

Negotiations for a landmark interim trade deal between India and the United States have been abruptly postponed following a U.S. Supreme Court ruling that limits presidential tariff authority. The delay comes as President Trump counters the court with a 15% across-the-board tariff, creating significant uncertainty for retail supply chains and cross-border e-commerce.

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