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Target Deadline
Goal for achieving the $30 billion bilateral trade milestone.
$30B Target Announced
Official announcement of the ambitious $30 billion trade target for 2030.
Global Market Reaction
Trade partners including India, South Korea, and Canada issue statements on trade deal integrity and potential retaliation.
Executive Defiance
Trump holds a press conference asserting that India will continue to pay tariffs regardless of the ruling.
Critical Minerals Deal
PM Modi and President Lula sign the agreement to boost rare earth cooperation.
White House Response
President Trump issues a public statement criticizing the judiciary and vowing immediate action.
New Executive Order
Trump signs a document imposing a 10% global tariff, effective immediately with limited exemptions.
Supreme Court Ruling
The U.S. Supreme Court strikes down the administration's broad tariff authority under IEEPA.
SCOTUS Ruling
The Supreme Court rules 6-3 that the tariffs exceed executive authority under IEEPA.
AI Impact Summit
President Lula addresses AI governance in Delhi before bilateral talks.
Aerospace Partnership
Embraer and Adani Group announce plans to build aircraft in India.
Tariff Announcement
President Trump announces 'reciprocal tariffs' on global trading partners, including India.
US Tariff Pressure
Both India and Brazil hit by US tariffs, prompting a shift toward Global South cooperation.
Record Trade Year
Bilateral trade reaches historic highs following post-pandemic recovery and energy demand.
Strategic Partnership
India and Brazil formally establish a Strategic Partnership to enhance economic ties.
The US Supreme Court has struck down emergency tariffs implemented by the Trump administration, providing immediate relief to major trading partners. China and India, previously the primary targets of these levies, are positioned to regain market share as trade barriers dissolve.
India and Brazil have established a strategic roadmap to double their bilateral trade volume to $30 billion by 2030. This initiative focuses on diversifying trade beyond traditional commodities into high-value sectors like defense, energy, and pharmaceuticals, necessitating a significant overhaul of trans-Atlantic maritime and air logistics corridors.
India and Brazil have signed a landmark agreement to cooperate on critical minerals and rare earths, aiming to reduce dependence on Chinese monopolies. The deal strengthens 'Global South' supply chain resilience amid shifting trade policies and recent tariff pressures from the United States.
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.
Following a landmark Supreme Court ruling that invalidated broad executive tariff authority under IEEPA, President Trump has immediately signed a new executive order imposing a 10% global tariff. This move creates significant legal and operational volatility for global supply chains as the administration pivots to new statutory justifications for its trade agenda.