After the US Supreme Court struck down his tariffs in a 6-3 ruling, PresidentDonald Trumplashed out on Friday, asserting that the global duties had helped "end eight wars". Raking up his claim of mediating the India-Pakistan conflict once again, Trump said that the tariffs had helped stop "big" wars that could have turned "nuclear". In a 6-3 vote, the SC found that the International Emergency Economic Powers Act (IEEPA) does not authorise the imposition of duties. Justices Clarence Thomas, Samuel A Alito Jr. and Brett Kavanaugh dissented in the court's decision.
"Tariffs have likewise been used to end five of the eight wars that I settled. I settled eight wars, whether you like it or not, including India, Pakistan, big ones, nuclear, could have been nuclear," Trump said during a news conference just hours after the Supreme Court verdict.
"Prime Minister of Pakistan said yesterday at the great meeting that we had the peace board. He said yesterday that President Trump could have saved 35 million lives by getting us to stop fighting. They were getting ready to do some bad things. But they've given us great national security, these tariffs have," he said.
The Supreme Court's ruling places roughly $175 billion in tariff revenue collected over the past year at issue for potential refunds, according to estimates provided to Reuters by economists at the Penn-Wharton Budget Model.
Also Read:Why US Supreme Court Struck Down Trump's Sweeping Global Tariffs | EXPLAINED
Trump has claimed credit for stopping the India-Pakistan conflict more than 80 times since May 10 last year, when he announced on social media that the two neighbours had agreed to a "full and immediate" ceasefire after talks mediated by the US. India has consistently denied any third-party intervention in resolving the conflict with Pakistan and maintained that the understanding on cessation of hostilities with Pakistan was reached following direct talks between the Directors General of Military Operations (DGMOs) of the two militaries.
The two sides were locked in an intense operation after India launched Operation Sindoor on May 7 last year, targeting terror infrastructure in Pakistan and Pakistan-occupied Kashmir in retaliation for the April 22 Pahalgam attack that killed 26 civilians.
GetLatest NewsLive on Times Now along with Breaking News and Top Headlines fromUS Newsand around theWorld.
Ananya is a journalist with a strong grounding in breaking news and a deep-rooted passion for geopolitics. She has 6 years of experience in TV and Dig...View More
Source: India Latest News, Breaking News Today, Top News Headlines | Times Now