Brief by Shorts91 Newsdesk / 06:43am on 27 Feb 2026,Friday India Global
US Commerce Secretary Howard Lutnick made an unscheduled visit to New Delhi, holding a "highly productive" lunch meeting with Commerce Minister Piyush Goyal to discuss deepening trade and economic ties between the two nations. The visit follows the US Supreme Court's February 20 ruling invalidating President Trump's sweeping global tariffs imposed under emergency powers. Trump subsequently invoked Section 122 of the Trade Act of 1974, imposing a 10% global tariff valid for 150 days. The court ruling disrupted a carefully negotiated interim bilateral trade agreement framework established through a February 6 joint statement. Experts warn any future tariff arrangement must operate within the constitutional constraints now reaffirmed by the Supreme Court. (PC: HT)
