'Nothing changes with India, ties fantastic': Trump says trade deal stands, claims tariff 'flip' now favours US

After the Supreme Court narrows the use of IEEPA for tariffs, Donald Trump signals alternative trade weapons while asserting that the India-US agreement remains intact.

• Donald Trump said the India-US trade agreement will remain unchanged even as he sharply criticised the US Supreme Court for limiting his use of emergency tariff powers. He signalled that trade deals that do not hold up will be replaced with new tariffs, raising the prospect of another round of global trade tensions.
• “Some of the trade deals stand, ones which don’t will be replaced by new tariffs,” Trump said, adding twice that “nothing changes on the trade agreement with India.” He also described a “little flip” in trade terms, claiming the US is no longer paying tariffs to India while India is paying tariffs to the US. However, he added, "My relationship with India is fantastic."
• The remarks come after the Supreme Court curtailed the use of the International Emergency Economic Powers Act (IEEPA) to impose sweeping tariffs, a tool Trump had leaned on in his second term.
• Trump insisted that the court “didn’t overrule tariffs, only overruled a particular use of IEEPA.” He argued that the decision “might not substantially constrain a president’s ability to impose tariffs going forward,” pointing to alternative legal authorities.
• “All national security tariffs under Section 232 and Section 301 remain in place,” he said. He also referred to a 10 percent global tariff under Section 122 and said the administration is “initiating Section 301 to protect from unfair trade practices.”
• In effect, Trump’s position is that while one legal route has narrowed, the broader tariff architecture remains intact. The Supreme Court, according to him, has said he cannot impose tariffs under IEEPA in the manner attempted, “the court said I can’t charge one dollar to any country under IEEPA,” but retains authority in other domains, including restrictions on imports for national security reasons.

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Donald Trump said the India-US trade agreement will remain unchanged even as he sharply criticised the US Supreme Court for limiting his use of emergency tariff powers. He signalled that trade deals that do not hold up will be replaced with new tariffs, raising the prospect of another round of global trade tensions.

“Some of the trade deals stand, ones which don’t will be replaced by new tariffs,” Trump said, adding twice that “nothing changes on the trade agreement with India.” He also described a “little flip” in trade terms, claiming the US is no longer paying tariffs to India while India is paying tariffs to the US. However, he added, "My relationship with India is fantastic."

The remarks come after the Supreme Court curtailed the use of the International Emergency Economic Powers Act (IEEPA) to impose sweeping tariffs, a tool Trump had leaned on in his second term.

Trump insisted that the court “didn’t overrule tariffs, only overruled a particular use of IEEPA.” He argued that the decision “might not substantially constrain a president’s ability to impose tariffs going forward,” pointing to alternative legal authorities.

“All national security tariffs under Section 232 and Section 301 remain in place,” he said. He also referred to a 10 percent global tariff under Section 122 and said the administration is “initiating Section 301 to protect from unfair trade practices.”

In effect, Trump’s position is that while one legal route has narrowed, the broader tariff architecture remains intact. The Supreme Court, according to him, has said he cannot impose tariffs under IEEPA in the manner attempted, “the court said I can’t charge one dollar to any country under IEEPA,” but retains authority in other domains, including restrictions on imports for national security reasons.