Trump claims his administration stopped 'nuclear conflict' between India and Pakistan
New York/Washington, May 12 (PTI): President Donald Trump on Monday reiterated his claim that his administration stopped a "nuclear conflict" between India and Pakistan, telling the South Asian neighbours that America will do a "lot of trade" with them if they end hostilities.
"On Saturday, my administration helped broker a full and immediate ceasefire, I think, a permanent one between India and Pakistan, ending a dangerous conflict of two nations with lots of nuclear weapons,” Trump said at the start of a press conference in the White House where he announced that he will set 30-day deadline for drugmakers to lower cost of prescription drugs.
He started the briefing by describing “the historic events that took place over the last few days" in the Indian subcontinent.
India and Pakistan reached an understanding on Saturday to end the conflict after four days of intense cross-border drone and missile strikes.
Indian government sources in New Delhi have been maintaining that the Director Generals of Military Operations (DGMOs) of India and Pakistan reached an understanding to stop all firings and military actions on land, air and sea, with immediate effect. They said no third party was involved.
Trump said that India and Pakistan “were going at it hot and heavy, and it was seemingly not going to stop.”
"I'm very proud to let you know that the leadership of India and Pakistan was unwavering, powerful, but unwavering in both cases, having these they really were from the standpoint of having the strength and the wisdom and fortitude to fully know and to understand the gravity of the situation,” Trump said.
The US President said he told India and Pakistan that America will do "a lot of trade" with them if they stop the conflict.
"And we helped a lot, and we helped also with trade. I said, ‘Come on, we're going to do a lot of trade with you guys. Let's stop it. Let's stop it. If you stop it, we're doing trade. If you don't stop it, we're not going to do any trade’.”
Trump added that "People have never really used trade the way I used it, that I can tell you. And all of a sudden they (India and Pakistan) said, ‘I think we're going to stop.’”
“And they have, and they did it for a lot of reasons, but trade is a big one. We're going to do a lot of trade with Pakistan. We're going to do a lot of trade with India. We're negotiating with India right now. We're going to be soon negotiating with Pakistan, and we stopped a nuclear conflict,” Trump said.
“I think it … could have been a bad nuclear war. Millions of people could have been killed. So I'm very proud of that. I also want to thank Vice President (J D) Vance and Secretary of State (Marco) Rubio for their work and efforts, they worked very hard on that,” Trump said.
Trump went on to say that “we did some great things with trade with India and Pakistan. Really helped the situation. Very heated situation. Could have lost millions of people, more than millions, I mean, many millions of people. And they want to do business with America, but we never used our powers that way. Never knew how. We never had people that knew how to do that.”
On Saturday, Trump announced that India and Pakistan had agreed to a “full and immediate ceasefire" after a “long night of talks mediated by the United States."
Later, in a post on Truth Social, Trump offered to work with India and Pakistan for a “solution" on Kashmir, while crediting Washington for helping the two nations arrive at the “historic and heroic decision” of stopping the conflict.
Trump went on to say that even though this has not been discussed, he is going to “increase trade, substantially, with both of these great Nations.”
India has always maintained that the Kashmir issue is a bilateral matter and there is no space for any third party. India asserts that the Union Territory of Jammu & Kashmir and the Union Territory of Ladakh are and always will be integral and inalienable parts of it.
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Supreme Court strikes down Trump's sweeping tariffs, upending central plank of economic agenda
Washington (AP): The Supreme Court struck down President Donald Trump's far-reaching global tariffs on Friday, handing him a significant loss on an issue crucial to his economic agenda.
The 6-3 decision centres on tariffs imposed under an emergency powers law, including the sweeping “reciprocal” tariffs he levied on nearly every other country.
It's the first major piece of Trump's broad agenda to come squarely before the nation's highest court, which he helped shape with the appointments of three conservative jurists in his first term.
The majority found that the Constitution “very clearly” gives Congress the power to impose taxes, which include tariffs. “The Framers did not vest any part of the taxing power in the Executive Branch,” Chief Justice John Roberts wrote.
Justices Samuel Alito, Clarence Thomas and Brett Kavanaugh dissented.
“The tariffs at issue here may or may not be wise policy. But as a matter of text, history, and precedent, they are clearly lawful,” Kavanaugh wrote in the dissent.
The majority did not address whether companies could get refunded for the billions they have collectively paid in tariffs. Many companies, including the big-box warehouse chain Costco, have already lined up for refunds in court, and Kavanaugh noted the process could be complicated.
“The Court says nothing today about whether, and if so how, the Government should go about returning the billions of dollars that it has collected from importers. But that process is likely to be a mess,' as was acknowledged at oral argument,” he wrote.
The tariffs decision doesn't stop Trump from imposing duties under other laws. While those have more limitations on the speed and severity of Trump's actions, top administration officials have said they expect to keep the tariff framework in place under other authorities.
The Supreme Court ruling comes despite a series of short-term wins on the court's emergency docket that have allowed Trump to push ahead with extraordinary flexes of executive power on issues ranging from high-profile firings to major federal funding cuts.
The Republican president has been vocal about the case, calling it one of the most important in US history and saying a ruling against him would be an economic body blow to the country. But legal opposition crossed the political spectrum, including libertarian and pro-business groups that are typically aligned with the GOP. Polling has found tariffs aren't broadly popular with the public, amid wider voter concern about affordability.
The Constitution gives Congress the power to levy tariffs. But the Trump administration argued that a 1977 law allowing the president to regulate importation during emergencies also allows him to set tariffs. Other presidents have used the law dozens of times, often to impose sanctions, but Trump was the first president to invoke it for import taxes.
Trump set what he called "reciprocal" tariffs on most countries in April 2025 to address trade deficits that he declared a national emergency. Those came after he imposed duties on Canada, China and Mexico, ostensibly to address a drug trafficking emergency.
A series of lawsuits followed, including a case from a dozen largely Democratic-leaning states and others from small businesses selling everything from plumbing supplies to educational toys to women's cycling apparel.
The challengers argued the emergency powers law doesn't even mention tariffs and Trump's use of it fails several legal tests, including one that doomed then-President Joe Biden's USD 500 billion student loan forgiveness program.
The economic impact of Trump's tariffs has been estimated at some USD 3 trillion over the next decade, according to the Congressional Budget Office. The Treasury has collected more than USD 133 billion from the import taxes the president has imposed under the emergency powers law, federal data from December shows.
