US Supreme Court Quashes Trump Tariffs; New 10% Global Levy Takes Effect | India Today Global скачать в хорошем качестве

US Supreme Court Quashes Trump Tariffs; New 10% Global Levy Takes Effect | India Today Global

In an exclusive interview on India Today Global, Sital Kalantry, Professor of Law at Seattle University, analyzed the legal shift in US trade policy after the Supreme Court ruled President Donald Trump's previous global tariffs illegal. Following the ruling, the Trump administration invoked Section 122 of the Trade Act of 1974 to impose a new 10% global tariff effective February 24, 2026. Sital Kalantry noted that while Trump mentioned a 15% rate, official documents currently cite 10%. She explained that Section 122 allows the President to impose tariffs for 150 days without congressional approval to address balance-of-payment deficits. Regarding the impact on New Delhi, Sital Kalantry stated, 'Overall, this is good news for India,' as many Indian exports now face lower duties than before. However, she advised Indian negotiators to 'wait and watch,' noting that the 150-day window creates a temporary landscape and that the US President retains other legal tools, such as Section 232, to impose higher tariffs if trade talks do not progress favorably. #TrumpTariffs #USSupremeCourt #IndiaUSTrade #IndiaTodayGlobal #IndiaUSRelations #SeetalKalantri #GlobalEconomy #TrumpNews #IranTalks #UkraineWar #BombCyclone #NewYorkSnow #FedEx #InternationalTrade #BreakingNews Subscribe to India Today for NEW VIDEOS EVERY DAY and make sure to enable Push Notifications so you'll never miss a new video. All you need to do is PRESS THE BELL ICON next to the Subscribe button! India Today TV is India's leading English News Channel. India Today YouTube channel offers latest news videos on Politics, Business, Cricket, Bollywood, Lifestyle, Auto, Technology, Travel, Entertainment and a lot more. Stay tuned for latest updates and in-depth analysis of news from India and around the world! For more updates, subscribe our channel:    / @indiatoday   For LIVE updates, analysis, and expert opinions — only on India Today https://youtube.com/live/sYZtOFzM78M https://youtube.com/live/lNe8hisFwMM NewsToday with Rajdeep sardesai:    • NewsToday With Rajdeep Sardesai (2026)   India First with Gaurav Sawant:    • India First With Gaurav Sawant   To The Point with Preeti Choudhry:    • To The Point | Preeti Choudhry   NewsTrack with Marya Shakill:    • NewsTrack with Marya Shakil   WhatsApp Channel: https://whatsapp.com/channel/0029Va2A... Download App: https://indiatoday.link/wHaj Follow us: Official website: https://www.indiatoday.in/ Twitter:   / indiatoday   Facebook:   / indiatoday