US EditionHow the US Supreme Court Verdict Changes Tariffs on India
- The US Supreme Court ruled 6-3 that President Trump exceeded his authority by imposing sweeping tariffs on multiple nations, including India, and declared the tariffs illegal.
- Following the ruling, President Trump imposed a temporary 10 percent import surcharge on goods from all countries, effective February 24, 2026, reducing Indian tariffs to 10 percent from previous higher rates.
- India and the US plan to finalize the first phase of their bilateral trade agreement with talks starting February 23, 2026, aiming to operationalize the deal in April.
- During 2021-25, the US was India's largest trading partner in goods, with bilateral trade reaching USD 186 billion in 2024-25 and India running a trade surplus of about USD 44.4 billion.
17 Articles
17 Articles
On Friday, February 20, the US Supreme Court ruled that some of the customs duties imposed by Donald Trump around the world were illegal. A decision that should lead to the lifting of these measures and thus relieve many countries. Among them, South Africa, one of the most affected nations.
How the US Supreme Court verdict changes tariffs on India
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