Supreme Court Again Defers Trump Tariff Ruling, Decision Unlikely Before February 20

India is among the countries hit hardest. Its exports face a combined tariff burden of 50%, made up of the across-the-board “Liberation Day” duties plus an extra 25% linked to New Delhi’s purchases of Russian oil. The court had not issued a ruling on January 9 as well, on cases questioning whether the US president Trump exceeded his authority while imposing the global tariff measures. Supreme Court delays ruling on legality of Trump's sweeping tariff measures Decision delayed by four weeks, extending business uncertainty Ruling may affect $130B in tariff refunds and presidential trade authority. Rewati Karan is Senior Sub Editor at Moneycontrol. She covers law, politics, business, and national affairs. She was previously Principal Correspondent at Financial Express and Copyeditor at ThePrint where she wrote feature stories and covered legal news. She has also worked extensively in social media, videos and podcasts at ThePrint and India Today. She can be reached at rewati.karan@nw18.com | Twitter: @RewatiKaran Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!