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Lutnick's India Trip Signals Urgent Trade Talks After Tariff Ruling

Bloomberg Markets •
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US Commerce Secretary Howard Lutnick made a surprise visit to New Delhi on Thursday, meeting with his Indian counterpart. This unscheduled trip occurred days after the US Supreme Court invalidated President Trump's broad global tariffs. The visit signals urgent diplomatic efforts to address trade tensions following the court's decision. The Supreme Court's ruling fundamentally altered the trade landscape, removing a key tool used by the administration to pressure trading partners. US-India trade relations now face significant uncertainty as businesses navigate the new legal reality. The Commerce Department aims to prevent further disruption and explore alternative approaches to trade disputes with India. The meeting represents a critical attempt to stabilize relations and mitigate potential economic fallout for companies operating in both markets.