Trump Tariff News LIVE: Supreme Court Blocks Trump Tariffs, He Imposes New 10% Duty | US News LIVE
Trump Tariff News LIVE: President Donald Trump has imposed a fresh 10% tariff on imports from all countries, hours after the US Supreme Court struck down his earlier punitive duties. The Court ruled Trump overstepped by invoking emergency powers without Congressional approval, emphasizing that Article 1 of the Constitution gives Congress sole authority over taxes and duties.
Despite the legal setback, Trump maintained that the US-India trade framework remains intact, calling PM Narendra Modi a "great man." Experts on India Today panel—including former diplomat Prabhu Dayal and economist Dr. Ashutosh Kamal Dutta—say India now has strong leverage. With bilateral talks set for February 23 and the current 18% tariff still in draft stage, India can push to renegotiate more favourable terms before any deal is locked in.
Panelists highlighted confusion in Washington as the administration balances the court loss with its reciprocal trade agenda. Markets are watching closely—will this trigger retaliatory measures from trading partners? How will Indian exports, manufacturing, and overall economy be impacted? Join India Today LIVE for live expert breakdowns, reactions from Delhi and Washington, potential renegotiation scenarios, and real-time updates on this fast-moving story. Stay tuned!
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