US Top Court Blocks Trump's Tariff Orders: Does It Mean Zero Duties For Indian Goods?
the supreme court ruled against president trump’s broad global tariff regime, finding he lacked legal authority under the international emergency economic powers act (ieeepa). while some tariffs, like those on steel and aluminum, remain, the decision eliminates tariffs targeting countries like india, effectively reducing reciprocal rates to zero. the ruling doesn't prevent future tariffs but mandates stricter legal processes.
