US Supreme Court to Rule on Trump's Tariff Powers, India Faces 50% Tariffs

World
M
Moneycontrol•20-01-2026, 22:11
US Supreme Court to Rule on Trump's Tariff Powers, India Faces 50% Tariffs
- •The US Supreme Court is set to deliver rulings on January 20 regarding President Donald Trump’s global tariff policy.
- •The case questions whether the president can use emergency powers to impose broad trade duties.
- •India is currently facing tariffs of up to 50 percent under the existing policy.
- •The Supreme Court's decision could significantly alter US trade strategy and define the boundaries of presidential authority.
Why It Matters: Supreme Court to decide on Trump's tariff powers, impacting global trade and presidential authority.
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