Trump-India trade war
As US President Donald Trump navigates heavy criticism, many would say he's taking it out on India and its Southeast Asian neighbours. Amidst tensions, a new type of trade war has emerged: the Trump-India trade war. Why is it happening? Why is it the Trump- India trade war? How does it impact us? Starting in April 2025, Trump imposed a 26% "reciprocal tariff" on imports with trading surpluses to the US , under the "Liberation Day" initiative. Of course, India is among these ' trading surplus' countries. To justify his actions, Trump used the emergency powers under the IEEPA(International Emergency Economic Powers Act). However, yesterday, the US court stated that Trump had overstepped his authority, ruling that only Congress has the power to make decisions on international commerce. This is why I refer to it as a Trump -India conflict; he doesn't have his own country's backing for this decision. Despite the court's ruling, a federal a...