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.