India Sees More Options on US Trade Deal After Tariff Ruling (1)

The US Supreme Court decision to strike down President Donald Trump’s emergency tariffs gives India more scope in negotiations over a trade deal, people familiar with the matter said.

New Delhi is not considering backing away from a bilateral trade agreement with the US struck earlier this month, the people said, asking not to be identified because the discussions are private. Both sides agreed in February to a deal that would lower US tariffs on Indian goods to 18% from 50%, with New Delhi pledging to buy $500 billion of American goods over five years as well.

A spokesperson for ...