The US Supreme Court is set to begin oral hearings starting Wednesday to decide if President Donald Trump overstepped his powers granted under the International Emergency Economic Powers Act (IEEPA) to impose sweeping reciprocal tariffs. The Trump administration has leveraged these tariffs to sign a dozen trade deals and is in advanced talks with India to complete negotiations for a deal.
The outcome of the case could have significant consequences for multiple ad hoc trade deals inked by the US since early this year, as well as for India, which is currently the hardest-hit country due to 50 per cent US tariffs. India’s shipments to the US, its largest export destination, fell 12 per cent in September, and exporters have been seeking relief measures. Prime Minister Narendra Modi on M

 The Indian Express

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