Gurugram, Feb. 21 -- India remains in a strong position despite recent changes to the US tariff regime, according to Chandrima Chatterjee, Secretary General of the Confederation of Indian Textile Industry (CITI).

The US Supreme Court on Friday struck down a huge chunk of President Donald Trump's far-reaching tariff agenda, delivering a major rebuke of the president's key economic policy. The majority ruled 6-3 that the law undergirding those import duties "does not authorize the President to impose tariffs."

In response, Trump announced a sweeping new 10% global tariff across all trading partners, marking what he signaled as the next phase of his trade strategy after the Supreme Court blocked his previous tariff authority. The president...