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India present faces a little tariff complaint of 10%, down from 18%, aft U.S. President Donald Trump announced a new planetary levy connected items imported into America successful the aftermath of the Supreme Court verdict against his sweeping tariffs.
In a proclamation titled ‘Imposing a Temporary Import Surcharge to Address Fundamental International Payments Problems’, Mr. Trump said helium is imposing, for a play of 150 days, a “temporary import surcharge of 10% advertisement valorem” connected articles imported into the United States, effectual February 24.
U.S. Supreme Court rejects tariffs LIVE
Given this caller tariff complaint of 10%, which volition beryllium applicable connected countries astir the world, Indian goods being imported into the U.S. would nary longer beryllium taxable to the 18% tariff complaint that had been decided connected pursuing the announcement of a model for an Interim Agreement connected commercialized betwixt India and the U.S.
In a large setback to Mr. Trump’s pivotal economical docket successful his 2nd term, the U.S. Supreme Court, successful a 6-3 verdict written by Chief Justice John Roberts, ruled that the tariffs imposed by Mr. Trump connected nations astir the satellite were amerciable and that the president had exceeded his authorization erstwhile helium imposed the sweeping levies.
Earlier this month, arsenic the U.S. and India announced they reached a model for an Interim Agreement connected trade, Mr. Trump issued an Executive Order removing the 25% punitive tariffs imposed connected India for its purchases of Russian oil, with the U.S. President noting the committedness by New Delhi to halt straight oregon indirectly importing vigor from Moscow and purchasing American vigor products.
Under the commercialized deal, Washington would complaint a reduced reciprocal tariff connected New Delhi, lowering it from 25% to 18%.
Mr. Trump signed the proclamation “imposing a impermanent import work to code cardinal planetary payments problems and proceed the Administration’s enactment to re-balance our commercialized relationships to payment American workers, farmers, and manufacturers”.
A information expanse issued by the White House said Mr. Trump is invoking his authorization nether Section 122 of the Trade Act of 1974, which “empowers the President to code definite cardinal planetary outgo problems done surcharges and different peculiar import restrictions”.
The proclamation imposes, for a play of 150 days, a 10% advertisement valorem import work connected articles imported into the United States. The impermanent import work volition instrumentality effect February 24 astatine 12:01 a.m. EST.
The information expanse noted that immoderate goods volition not beryllium taxable to the impermanent import work due to the fact that of the needs of the U.S. system oregon successful bid to guarantee the work much efficaciously addresses the cardinal planetary payments problems facing the United States.
The goods see definite captious minerals, metals utilized successful currency and bullion, energy, and vigor products; earthy resources and fertilizers that cannot beryllium grown, mined, oregon different produced successful the United States oregon grown, mined, oregon different produced successful capable quantities to conscionable home demand; definite cultivation products, including beef, tomatoes, and oranges; pharmaceuticals and pharmaceutical ingredients; definite electronics; rider vehicles, definite airy trucks, definite mean and heavy-duty vehicles, buses, and definite parts of rider vehicles, airy trucks, heavy-duty vehicles, and buses and definite aerospace products.
Mr. Trump lashed retired astatine the Supreme Court justices who ruled against him, calling them "fools and lapdogs”.
“The Supreme Court's ruling connected tariffs is profoundly disappointing, and I'm ashamed of definite members of the Court, perfectly ashamed for not having the courageousness to bash what's close for our country,” Mr. Trump said successful a quality league astatine the White House connected Friday (February 20, 2026), conscionable hours aft the verdict came in.
When asked whether the model for an interim statement connected commercialized with India, expected to beryllium signed soon, stands successful the aftermath of the Supreme Court ruling, Mr. Trump said “nothing changes”.
“Nothing changes. They'll beryllium paying tariffs, and we volition not beryllium paying tariffs. So woody with India is they wage tariffs. This is simply a reversal for what it utilized to be, arsenic you know, India and I deliberation Prime Minister Modi is simply a large gentleman, a large man, actually, but helium was overmuch smarter than the radical that helium was against successful presumption of the United States, helium was ripping america off. So we made a woody with India. It's a just woody now, and we are not paying tariffs to them, and they are paying tariffs. We did a small flip,” Mr. Trump said.
“The India woody is on…all the deals are on, we're conscionable going to bash it” successful a antithetic way,” Mr. Trump said.
To different question connected his narration with India, helium said “I deliberation my narration with India is fantastic and we're doing commercialized with India. India pulled retired of Russia. India was getting its lipid from Russia. And they pulled mode backmost astatine my request, due to the fact that we privation to settee that horrible warfare wherever 25,000 radical are dying each month,” Mr. Trump said.
He said his narration with Prime Minister Modi “is, I would say, great”.
Mr. Trump past went connected to repetition the assertion that helium stopped the warfare betwixt India and Pakistan utilizing tariffs.
“I besides stopped the warfare betwixt India and Pakistan. As you know, determination were 10 planes were changeable down. That warfare was going and astir apt going nuclear. And conscionable yesterday, the premier curate of Pakistan said President Trump saved 35 cardinal lives by getting them to stop,” Mr. Trump said.
“And I did it mostly with tariffs. I said, ‘Look, you're going to fight, that's fine, but you're not going to bash concern with the United States, and you're going to wage a 200 per cent tariff, each country’. And they called up and they said, ‘we person made peace’,” Mr. Trump said.
“Tariffs person likewise been utilized to extremity 5 of the 8 wars that I settled. I settled 8 wars, whether you similar it oregon not, including India, Pakistan, large ones, nuclear, could person been nuclear,” Mr. Trump said.
