US Slaps 10% Global Tariff; Indian Exports Under Pressure

The White House has confirmed that President Donald Trump will impose a 10% global tariff on imports, including goods from India.

Following a major constitutional showdown in the United States, the Supreme Court of the United States struck down President Donald Trump’s earlier global tariff order in a 6–3 majority verdict, ruling that under the Constitution only the US Congress has the authority to impose taxes and tariffs, not the President.

Within hours of the verdict, the White House confirmed that the administration had revised tariff rates, reducing duties on India from 18% to 10%, and subsequently announced a fresh 10% global tariff on trading partners through a newly signed executive order, effective from February 24, 2026, for 150 days.

Trump criticised the judgment, calling it “very frustrating” and expressing disappointment with the court, while asserting that the new 10% tariff would be imposed over and above existing baseline duties. US Trade Representative Jamieson Greer clarified that the 10% levy would apply to about 55% of Indian goods and that Congressional approval would be required to extend it beyond 150 days, with certain product exemptions also expected.

 The development has triggered political reactions in India, with Congress president Mallikarjun Kharge and other opposition leaders questioning the India-US interim trade deal, while trade experts, including representatives from Grant Thornton Bharat, described the court’s decision as positive news for US consumers and Indian exporters.