The USMCA carve-out exemption allows the US to continue to import oil and other resources from Canada and Mexico tariff-free, and avoids greater disruption in the trade of key manufacturing inputs such as automotive parts.
Greer said the decision "affects one element of the Administration’s successful work to reorient the global trading system to benefit American workers and businesses".
The S&P 500 climbed 0.69% to end the session at 6,909.51 points. The Nasdaq gained 0.90% to 22,886.07 points, while the Dow Jones Industrial Average rose 0.47% to 49,625.97 points.
The artificial intelligence company said that the suspected killer — Jesse Van Rootselaar — had an account that was detected about eight months ago by systems that scan for misuse, including the possible furthering of violent activities.
America’s Supreme Court strikes down President Trump’s emergency tariffs who is now looking for alternative ways to reimpose tariffs, with a 10% tariff already floated
Speaking at a press conference, Trump criticised the majority opinion and said he was ashamed of ‘certain members of the court’
Within hours of the ruling, Trump signalled he would invoke Section 122 of the Trade Act of 1974 - a rarely discussed provision that allows temporary tariffs in response to balance-of-payments concern
Beyond professional tasks, TechCrunch reported that 35% of Indian users' messages seek guidance, 20% involve general information queries, and another 20% request writing assistance or content generation
The announcement signals a broader policy pivot—from responding to cyber incidents to building proactive, AI-enabled defence systems
The meetings took place alongside the India AI Impact Summit at Bharat Mandapam from February 16-20, which brought together more than 500 global AI leaders, 150 academicians and researchers, and 400 chief technology officers, vice-presidents, and philanthropists
Trump says Supreme Court ruling does not alter India trade framework; signals tariffs will remain in place
US Supreme Court ruling resets duties to MFN rates, but temporary global levy and sector-specific tariffs will keep exporters on edge
"The Supreme Court didn’t overrule tariffs, they merely overruled a particular use of IEEPA tariffs," said Trump. He also said that the Supreme Court has been “swayed by foreign interests and a political movement that is far smaller that people would even think”.
Trump also defended his broader trade approach, saying countries that had "treated us badly" would face consequences
The report said administration officials had anticipated the possibility of an adverse court ruling for months and quietly drafted contingency plans.
India can now go back to renegotiate on agriculture, data and oil and reinforce its redlines on farm access and data sovereignty.
Rollback to MFN rates levels the playing field, removing the price advantage India briefly held over South and Southeast Asian exporters
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Tariffs reverting to MFN levels could help labour-intensive sectors like textiles, gems and jewellery
On the interim trade framework signed by US-India, last week, experts say that this judicial correction in the US further strengthens our negotiating hand.
India and the United States have agreed on an interim arrangement expected to cap US tariffs on Indian goods at 18 percent and provide zero-duty access for certain exports
US Treasury yields climbed after the ruling as traders focused on the revenue from the levies, which has improved the US fiscal position.
Marval Guru Fund held 3.55 percent stake in Shankara Building Products as of December 2025.
Section 232 duties on steel, autos and metals keep about a tenth of shipments exposed even after reciprocal tariff rollback