US Court Ruling on Trump Tariffs Rocks Indian Exporters, Trade Deal Critical

• US Supreme Court to rule on legality of Trump's emergency trade tariffs, impacting $133.5 billion in duties.
• Indian exporters face high uncertainty, especially in labour-intensive sectors like textiles and jewellery.
• A bilateral trade agreement with the US is crucial by January to secure contracts and stabilize shipments.
• Tariffs up to 50% on Indian imports, aimed at pressing New Delhi, could divert US buyers to competitors.
• Ruling could redefine presidential trade authority, but uncertainty remains on refunds for collected duties.

Why It Matters: US Supreme Court's tariff ruling and urgent trade talks will define Indian exporters' future.