New Delhi, Feb. 23 -- The Supreme Court of the United States has struck down President Donald Trump's global tariff imposed under emergency powers, prompting the Global Trade Research Initiative (GTRI) to call on India to re-examine its trade understanding with the US.
In its ruling on February 20, 2026, the court held that Trump exceeded his authority by invoking the International Emergency Economic Powers Act (IEEPA), a 1977 law meant for national emergencies, to impose tariffs. Chief Justice John Roberts said the statute does not authorise unilateral tariff action and that no other law was cited to justify the move.
Impact on Indian Exports
According to GTRI, the removal of reciprocal tariffs will free nearly 55 per cent of India's ...
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