Categories: INDIA

‘Betrayal exposed’: Rahul says PM Modi will ‘surrender again’ after US Security Council invalidates Trump tariffs India News

New Delhi: Congress leaders Rahul Gandhi reiterated his remarks against Prime Minister Narendra Modi on Saturday, claiming that he had “compromised”. Rahul said in X’s social media post Prime Minister Modi“Betrayal” was exposed and he “will surrender again.”“The Prime Minister has compromised. His betrayal has now been exposed. He cannot renegotiate. He will surrender again,” Rahul said.

India likely to slash tariffs despite Trump’s scorn, White House signals global trade reset

A day earlier, Youth Congress workers staged a topless march in protest US-India Trade Agreement.At the same time, the U.S. Supreme Court ruled 6-3 that the Trump administration exceeded its legal authority by using the 1977 International Emergency Economic Powers Act (IEEPA) to impose broad import tariffs.Trump called the SC’s ruling a “terrible decision” and announced that he would sign an executive order imposing 10% global tariffs under Section 122 of the Trade Act of 1974. The authority allows for the imposition of temporary import surcharges (up to 15%) for 150 days to address balance of payments deficits.On Friday, Congress leader and former finance minister Chidambaram also asked the government to explain the impact of the judgment on the “agreement” announced by the United States and India on February 6.Chidambaram said he had said that if the Supreme Court overturns the tariffs imposed by President Trump, the result will be that the United States and India will return to the status quo ante before April 2, 2025.“At the same time, the United States has proposed multiple concessions to India without any concessions. What will happen with these concessions? The joint statement announced that the United States will impose zero tariffs on many goods exported to India; India intends to import goods worth $500 billion from the United States; India will not buy Russian oil; India will address non-tariff barriers to U.S. goods and so on,” the former finance minister said.“What will happen with these commitments? The Indian team is now in the United States finalizing the text of the framework agreement. What will the team do now?” Chidambaram said.

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