The Supreme Court facade is seen in Washington, Nov. 4, 2020. (AP Photo/J. Scott Applewhite, File)
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CNBC TV1824-02-2026, 10:12

SCOTUS Curbs Trump's Emergency Tariff Powers; Lessons for India's Judiciary

  • SCOTUS unanimously ruled against Trump's use of IEEPA to impose tariffs, upholding separation of powers.
  • The ruling stemmed from a challenge by small importers against 'Liberation Day' tariffs.
  • President Trump reacted with strong criticism and sought alternative legal authority under the Trade Act of 1974, imposing a 15% levy.
  • The decision creates uncertainty for countries like India, which could benefit from a 15% tariff, but complicates existing trade deals for others.
  • Indian courts can learn from SCOTUS's discipline, time-bound resolution, decisive rulings, and judicial independence, while also noting the importance of addressing all critical consequences.

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