‘India will be paying us tariffs, we will not be paying them tariffs,’ Trump says after US Supreme Court struck down IEEPA tariffs
Zee News
US Supreme Court struck down Trump IEEPA tariffs. While Trump says India will be paying us tariffs, we will not be paying them tariffs; calls ruling deeply disappointing yet insists nothing changes. 18% deal intact.
The US Supreme Court ruled on Friday that President Donald Trump exceeded his authority under the International Emergency Economic Powers Act (IEEPA) by imposing sweeping global tariffs, including on Indian exports.
The 6-3 decision, authored by Chief Justice John Roberts, limits presidential power over trade, reinforcing Congress's role and invalidating broad IEEPA-based duties, such as the 50% tariffs on India.
Following the ruling, Trump, during his address, said, ‘India will be paying us tariffs, we will not be paying them tariffs,’ emphasizing the unchanged India-US trade deal. He described relations with India as "fantastic" and called it a "fair deal" with a "little flip," where India pays 18% reciprocal tariffs while the US enjoys zero duties on its exports. Trump vowed alternative measures, like a new 10% global tariff, insisting nothing changes for India with context to the recently announced India-US trade deal.
Also Read: Trump to ditch IEEPA tariffs; uses alternative legal powers, says US Treasury Secretary Scott Bessent
From India's point of view, the Supreme Court IEEPA tariffs decision is a major win, slashing risks of sudden tariff shocks on key exports like engineering goods, textiles, chemicals, and gems.
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