All posts tagged: US Supreme Court tariff ruling

India, US intensify trade talks ahead of July tariff deadline

India, US intensify trade talks ahead of July tariff deadline

India and the United States opened high-level trade talks on Tuesday aimed at salvaging and recalibrating a proposed bilateral trade agreement after changes in US tariff policy upended a framework negotiated earlier this year. Commerce and Industry Minister Piyush Goyal met US Trade Representative Jamieson Greer here as both sides sought to conclude an interim trade pact before July 24, when Washington’s temporary 10 per cent tariff on imports from trading partners is due to expire. The talks are focused on reworking a framework agreement announced in February that was built around tariff commitments later rendered uncertain by a US Supreme Court ruling striking down sweeping tariffs announced by US President Donald Trump. Under the February framework, the US had agreed to reduce tariffs on Indian goods to 18 per cent, lower than duties facing several competing exporters.   However, the subsequent court ruling and Washington’s decision to impose a temporary 10 per cent tariff on imports from all countries have forced both sides to revisit key elements of the arrangement. On June 17, US …

India and US begin fresh trade talks to finalise interim pact

India and US begin fresh trade talks to finalise interim pact

Senior trade negotiators from India and the United States will begin a four-day round of discussions in New Delhi on Monday to finalise details of an interim trade agreement between the two countries, reported the PTI. The US delegation will be led by chief negotiator Brendan Lynch, while India’s team will be headed by Darpan Jain, Additional Secretary in the Department of Commerce. Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

When Piyush Goyal Met Howard Lutnick, Sergio Gor: Minister Reveals Inside Details At Rising Bharat | India News

When Piyush Goyal Met Howard Lutnick, Sergio Gor: Minister Reveals Inside Details At Rising Bharat | India News

Last Updated:February 27, 2026, 17:11 IST Rising Bharat: Piyush Goyal reveals details of surprise meet with Howard Lutnick & Sergio Gor, which sparked speculation on US trade deal. Story includes a cow, calf and ‘Rahuls’ (From left) Howard Lutnick, Piyush Goyal and Sergio Gor. (X) At the Rising Bharat summit on Friday, Piyush Goyal, Union Minister for Commerce and Industry, revealed what transpired in the surprise meet with US Secretary of Commerce Howard Lutnick and US ambassador to India Sergio Gor. After the meeting, in a post on X, Goyal had written: “Hosted US Secretary of Commerce @HowardLutnick & @USAmbIndia Sergio Gor. Engaged in very fruitful discussions to expand our trade and economic partnership.” CNN-News18’s Rahul Shivshankar asked Goyal about the picture, which he said had sparked a conversation, Goyal, in a lighter vein, said, “You are reminding me of Mona Lisa’s painting when you say sparked a conversation…You don’t like my smile…What do you not like in the picture?” When questioned further, he said, “I have an ODOP product which I gifted him. A …

‘Centre Will Examine Ruling’: Prahlad Joshi On US Top Court Verdict To Strike Down Trump’s Tariffs | India News

‘Centre Will Examine Ruling’: Prahlad Joshi On US Top Court Verdict To Strike Down Trump’s Tariffs | India News

Last Updated:February 21, 2026, 15:52 IST The US Supreme Court dealt a major blow to the Trump administration by ruling that it did not have the legal authority to impose sweeping global tariffs under emergency powers. Union Minister Prahlad Joshi. (ANI) In its first response to the US Supreme Court’s decision to strike down reciprocal tariffs imposed by American President Donald Trump, Union Minister Prahlad Joshi on Saturday said the Centre will examine the ruling and either the Commerce Ministry or the Ministry of External Affairs will officially react to it. “I have read in the media that the US top court has given some judgment and the Indian government will study that, and whatever the reaction needs to be given, that will be given by the Commerce Ministry and MEA, not by me,” Joshi was quoted as saying by news agency ANI. Joshi’s remarks came after the US Supreme Court dealt a major blow to the Trump administration by ruling that it did not have the legal authority to impose sweeping global tariffs under …

Trump Defies US Supreme Court Ruling to Keep 18% Tariffs on India

Trump Defies US Supreme Court Ruling to Keep 18% Tariffs on India

The US and India have struck an interim trade agreement under which Washington decreased tariffs to 18 per cent from the previous 50 per cent. New Delhi, on the other hand, agreed to impose zero tariffs on US goods. However, the Supreme Court, earlier in the day, ruled 6-3 that Trump’s sweeping tariffs on goods from nearly all partner countries had violated federal law. Trump, who called the court’s decision “deeply disappointing”, said “nothing changes”, while responding to a question about the impact the ruling is going to make on the India-US trade deal. The deal is expected to be signed by the end of March. “Nothing changes. They’ll be paying tariffs, and we will not be paying tariffs. This is a reversal of what used to be. PM Modi is a great gentelman a great man. He was much smarter than the people he was against. In terms of the US, He was ripping us off. So, we made a deal with India. A fair deal now. We are not paying tariffs to them, …