India has delayed plans to send a trade delegation to Washington this week, chiefly because of uncertainty after the U.S. Supreme Court struck down tariffs imposed by President Donald Trump, a source in its trade ministry said on Sunday.
The trade deal has practically been put on hold. There will be renegotiations done likely.
botella36 on
If they wait for certainty they will never come.
Totallycomputername on
Trump makes his decisions based off the smell of his morning shart. You can never predict it.
Souldrop on
Shocking I tell you. The US administration is holding far fewer cards now. Peak FAFO on their part. Very regarded.
15% is tolerable for most countries if it means in 6 months the US administration can’t really do much.
At this point tariffs and affordability are pretty hot topics. Not many politicians are going to be excited to be on record voting for tariffs going into the elections
PaulPatrolRescue on
They were one of the first countries to make a trade deal, or the most progress towards one. I wouldn’t want to continue it either after the Supreme Court ruling.
Jack_tarded on
SCROTUS telling Trump he can embargo/sanction (a tariff of infinite percent with the right proscription mechanisms) but not explicitly tariff is absolute lunacy, but more so when he can just enact an embargo/sanction and then set the “penalty” to a percentage of the good and charge it against either the importer or exporter. I’m betting that happens. There’s a reason the VIX dropped after his presser, he’s got a lot more tools in his bag than people realize.
peanuts-in-my-jelly on
WHO HAS THE CARDS🫴🃏
callsonreddit on
My cat predicted this
Trash_Panda_Trading on
Dude reverse TACO’d himself. Impressive even by regard standards
9 Comments
India has delayed plans to send a trade delegation to Washington this week, chiefly because of uncertainty after the U.S. Supreme Court struck down tariffs imposed by President Donald Trump, a source in its trade ministry said on Sunday.
The trade deal has practically been put on hold. There will be renegotiations done likely.
If they wait for certainty they will never come.
Trump makes his decisions based off the smell of his morning shart. You can never predict it.
Shocking I tell you. The US administration is holding far fewer cards now. Peak FAFO on their part. Very regarded.
15% is tolerable for most countries if it means in 6 months the US administration can’t really do much.
At this point tariffs and affordability are pretty hot topics. Not many politicians are going to be excited to be on record voting for tariffs going into the elections
They were one of the first countries to make a trade deal, or the most progress towards one. I wouldn’t want to continue it either after the Supreme Court ruling.
SCROTUS telling Trump he can embargo/sanction (a tariff of infinite percent with the right proscription mechanisms) but not explicitly tariff is absolute lunacy, but more so when he can just enact an embargo/sanction and then set the “penalty” to a percentage of the good and charge it against either the importer or exporter. I’m betting that happens. There’s a reason the VIX dropped after his presser, he’s got a lot more tools in his bag than people realize.
WHO HAS THE CARDS🫴🃏
My cat predicted this
Dude reverse TACO’d himself. Impressive even by regard standards