After imposing 10 per cent Global tariffs on items imported into America post the Supreme Court’s decision, US President Donald Trump said that nothing will change in the trade deal with India.
“Nothing changes. They'll (India) be paying tariffs, and we will not be paying tariffs. So deal with India is that they pay tariffs. This is a reversal of what it used to be. As you know, India, and I think Prime Minister Modi is a great gentleman, a great man, actually, but he was much smarter than the people that he was against in terms of the United States; he was ripping us off. So we made a deal with India. It's a fair deal now, and we are not paying tariffs to them, and they are paying tariffs. We did a little flip,” Trump said.
In a major setback to Trump’s pivotal economic agenda for his second term, the US Supreme Court, in a 6-3 verdict written by Chief Justice John Roberts, ruled that the tariffs imposed by Trump on nations around the world were illegal and that the President had exceeded his authority when he imposed the sweeping levies.
Trump lashed out at the Supreme Court justices who ruled against him, calling them "fools and lapdogs”.
“The Supreme Court's ruling on tariffs is deeply disappointing, and I'm ashamed of certain members of the Court, absolutely ashamed for not having the courage to do what's right for our country,” Trump said in a news conference at the White House on Friday, just hours after the verdict came in.
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