Big Relief for India! US Tariffs Temporarily Slashed to 10% from 18% After Trump's Supreme Court Setback—Trade Win?
With this decision of the US Supreme Court, which found against the broad reciprocal tariffs imposed by President Trump on IEEPA (February 20, 2026), the White House confirmed that India and other trade partners now bear an interim 10 percent global tariff (which would take effect February 24 and last 150 days under the Trade Act, Section 122). This will be in lieu of 18% under the recent US-India interim trade agreement, which is highly relieving at this point in time, as negotiations continue.
With this decision of the US Supreme Court, which found against the broad reciprocal tariffs imposed by President Trump on IEEPA (February 20, 2026), the White House confirmed that India and other trade partners now bear an interim 10 percent global tariff (which would take effect February 24 and last 150 days under the Trade Act, Section 122). This will be in lieu of 18% under the recent US-India interim trade agreement, which is highly relieving at this point in time, as negotiations continue.
Advertisement
Instafeed.org
By
Jigyasa Sain |
Faridabad, Haryana | Citizen - 21 February 2026
Story Content
You May Also Like:
Advertisement
Comments
Advertisement
Advertisement
Advertisement
Comments
Add a Comment:
No comments available.