India, Feb. 23 -- Indian and American officials have postponed a three-day meeting scheduled for this week to discuss their interim trade deal, people aware of the matter said, describing a chain of events since Friday as likely to impact the March timeline New Delhi and Washington had agreed upon for an interim trade deal.

The US Supreme Court on Friday struck down President Donald Trump's use of emergency powers to impose tariff rates of his choosing, forcing his administration to rely on other legal provisions. For now, the administration has used Section 122 of the Trade Act of 1974 but is legally vetting a separate provision, Section 338, that could overcome the 15% rate and 150-day deadline limits that apply.

This, the people said...