Piyush Goyal Reacts to US Supreme Court's Trump Tariff Block
Loading more articles...
Piyush Goyal Reacts to US Supreme Court Blocking Trump Tariffs
M
Moneycontrol•27-02-2026, 13:12
Piyush Goyal Reacts to US Supreme Court Blocking Trump Tariffs
•Union Minister Piyush Goyal commented on the US Supreme Court's decision to strike down Trump-era tariffs.
•Goyal stated India is monitoring the situation, emphasizing the US as a crucial trading partner.
•He highlighted the multi-faceted partnership between India and the USA, mentioning opportunities in ICT equipment, textiles, gems, and jewelry.
•The US Supreme Court's 6-3 ruling on February 20 in Learning Resources, Inc. v. Trump invalidated the basis for Trump's second-term tariff agenda.
•Goyal noted that trade deals are about comparative and competitive advantage, not just tariffs, and that reduced tariffs have benefited Indian exports like agriculture, handicrafts, diamonds, and pharmaceuticals.