The US Supreme Court's decision to strike down emergency tariffs has triggered a massive shift in global trade dynamics, primarily benefiting major exporters like China and India. This ruling curtails executive power over trade policy and provides immediate relief to international supply chains previously strained by protectionist levies.
The US Supreme Court's decision to strike down President Trump's emergency tariffs has sparked a massive shift in global trade dynamics, with China and India positioned as the primary beneficiaries. This ruling effectively dismantles the 'emergency levy' framework, restoring previous trade terms and providing immediate relief to international supply chains.
The US Supreme Court has struck down emergency tariffs implemented by the Trump administration, providing immediate relief to major trading partners. China and India, previously the primary targets of these levies, are positioned to regain market share as trade barriers dissolve.
Global diplomacy is shifting from rigid, legally binding treaties to flexible 'Strategic Partnerships' (SPs) that bypass traditional bureaucratic hurdles. These 'executive friendships' are now the primary vehicles for driving infrastructure investment, credit lines, and technology transfers in emerging markets.
Negotiations for an interim India-US trade pact have been indefinitely postponed following a landmark US Supreme Court ruling that limits executive authority over tariffs. The delay comes as President Trump imposes a 150-day emergency tariff of 15% on all imports, including those from India.
Negotiations for a landmark interim trade deal between India and the United States have been abruptly postponed following a U.S. Supreme Court ruling that limits presidential tariff authority. The delay comes as President Trump counters the court with a 15% across-the-board tariff, creating significant uncertainty for retail supply chains and cross-border e-commerce.
India and the United States have indefinitely postponed high-level trade negotiations following a landmark U.S. Supreme Court ruling that shifts tariff-setting authority from the President to Congress. The delay comes as President Trump retaliated against the judicial check by imposing a 15% blanket tariff on all imports, including those from India.
The US Supreme Court struck down President Trump’s previous global tariffs as an unconstitutional overreach of executive power, prompting an immediate pivot to a 15% levy under the 1974 Trade Act. This legal maneuver sets up a five-month window of heightened trade tension before requiring Congressional intervention, potentially triggering $130 billion in refund claims.
India and Brazil have formalized a Memorandum of Understanding (MoU) to deepen bilateral cooperation in the regulation of pharmaceutical and medical products. This strategic alignment seeks to harmonize standards and streamline market access between two of the world's most significant emerging pharmaceutical hubs.
India and Brazil have dramatically scaled their economic ambitions, setting a $30 billion bilateral trade target for 2030 and signing a landmark pact on critical minerals. The agreement focuses on securing resilient supply chains for rare earths and steel while expanding cooperation into high-tech sectors like AI and space.
India and Brazil have established an ambitious roadmap to double their bilateral trade to $30 billion by 2030. This strategic pivot aims to diversify economic ties beyond traditional commodities into high-growth sectors like defense, renewable energy, and digital technology.
India and Brazil have established a strategic roadmap to double their bilateral trade volume to $30 billion by 2030. This initiative focuses on diversifying trade beyond traditional commodities into high-value sectors like defense, energy, and pharmaceuticals, necessitating a significant overhaul of trans-Atlantic maritime and air logistics corridors.
India and Brazil have signed a landmark memorandum of understanding on rare earths and critical minerals, aiming to secure resilient supply chains and reduce a 90% import dependency on China. The partnership marks a strategic pivot for the Global South toward resource independence, advanced technology cooperation, and a $30 billion bilateral trade target.
India and Brazil have signed a landmark Memorandum of Understanding on rare earths and critical minerals to diversify supply chains away from China. The agreement, signed by PM Modi and President Lula, targets exploration, processing, and refining to support high-tech industries including electronics, clean energy, and defense.
India and Brazil have signed a landmark agreement to cooperate on critical minerals and rare earths, aiming to reduce dependence on Chinese monopolies. The deal strengthens 'Global South' supply chain resilience amid shifting trade policies and recent tariff pressures from the United States.
Brazil and India have signed a landmark agreement to collaborate on the exploration, extraction, and processing of rare earth elements. This partnership aims to secure critical mineral supply chains for the energy transition and reduce global dependence on Chinese exports.
A landmark coalition of 88 nations and international organizations has formally endorsed the New Delhi Declaration on AI, establishing a new global framework for ethical development and inclusive deployment. The agreement, signed during the India AI Impact Summit, marks a significant shift toward a more representative model of international AI governance led by the Global South.
A coalition of 88 countries and international organizations has endorsed the New Delhi Declaration on AI, establishing a new framework for ethical and inclusive artificial intelligence. This landmark agreement, signed at the India AI Impact Summit, marks a pivotal moment in the global effort to harmonize AI regulations across diverse economies.
A coalition of 88 countries and international organizations has formally endorsed the New Delhi Declaration on AI at the India AI Impact Summit. The landmark agreement establishes a unified framework for ethical AI development, emphasizing inclusivity and the specific needs of the Global South.
President Donald Trump has dismissed a 6-3 Supreme Court ruling that declared his 'reciprocal tariffs' illegal, asserting that trade terms with India will remain unchanged. Despite the judicial setback regarding executive authority under the International Emergency Economic Powers Act, the administration is seeking alternative legal pathways to enforce its trade agenda.