Pakistan

country

Last mentioned: 1d ago

Timeline

  1. Policy Implementation

    Rollout of the long-term wheat policy featuring digital traceability and supply chain reforms.

  2. Interim Framework

    Current procurement framework remains applicable for a one-year transition period.

  3. Harvest Season Start

    Expected commencement of harvesting and active procurement operations across provinces.

  4. Executive Defiance

    Trump holds a press conference asserting that India will continue to pay tariffs regardless of the ruling.

  5. Strategy Review

    National Wheat Oversight Committee reviews stock levels and fixes procurement price.

  6. SCOTUS Ruling

    The Supreme Court rules 6-3 that the tariffs exceed executive authority under IEEPA.

  7. Tariff Announcement

    President Trump announces 'reciprocal tariffs' on global trading partners, including India.

Stories mentioning Pakistan 2

Trade Policy Bearish

Trump Defies SCOTUS Tariff Ruling, Vows Continued Duties on Indian Goods

Following a 6-3 Supreme Court ruling declaring his 'reciprocal tariffs' illegal, President Trump asserted that trade terms with India remain unchanged. The administration is reportedly seeking alternative legal pathways to maintain the tariff structure despite the court's finding that the executive exceeded its authority under the IEEPA.

2 sources