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‘Betrayal stands exposed’: Rahul says PM Modi will ‘surrender again’ after US SC invalidates Trump tariff

'Betrayal stands exposed': Rahul says PM Modi will 'surrender again' after US SC invalidates Trump tariff

NEW DELHI: Congress leader Rahul Gandhi on Saturday reiterated his remarks on Prime Minister Narendra Modi, claiming that hie is “compromised.” In a social media post on X, Rahul said the PM Modi’s “betrayal” stands exposed and he “will surrender again.””The PM is compromised. His betrayal now stands exposed. He can’t renegotiate. He will surrender again,” Rahul said.

Big Tariff Relief Likely For India Despite Trump’s Defiance, White House Signals Global Trade Reset

This comes a day after workers of Youth Congress carried out a shirtless march protesting against US-India trade deal.Meanwhile, US Supreme Court ruled 6-3 that the Trump administration exceeded its legal authority by using the International Emergency Economic Powers Act (IEEPA) of 1977 to impose broad-based import tariffs.Terming the SC’s ruling as a “terrible decision”, Trump announced he would sign an executive order for a 10% global tariff under Section 122 of the Trade Act of 1974. This authority allows for a temporary import surcharge (up to 15%) for 150 days to address balance-of-payments deficits.On Friday, Congress leader and former finance minster P Chidambaram also demanded that the government must explain the impact of the judgment on the “deal” that was announced on February 6 between the US and India. Chidambaram said he had stated that if the Supreme Court struck down President Trump’s imposition of tariffs, the result would be that the US and India would revert to the status quo ante of before April 2, 2025.”Meanwhile, the US has extracted several concessions from India without conceding any. What will happen to those concessions? The joint statement announced Zero tariff on many goods that the US will export to India; that India intends to import USD 500 billion worth of goods from the U.S.; that India will not buy Russian oil; that India will address the non-tariff barriers to U.S. goods, and so on,” the former finance minister said.”What will happen to those promises? An Indian team is now in the U.S. to finalise the text of the Framework Agreement. What will the team do now?” Chidambaram said.

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