The United States will stop collecting tariffs that were struck down by the US Supreme Court after it ruled that duties imposed under the International Emergency Economic Powers Act were illegal. However, President Donald Trump has introduced new global tariffs, first at 10 percent and then raised to 15 percent, under a different legal authority.
The sudden shift has created uncertainty for global trade partners. India has delayed sending a trade delegation to Washington as both sides reassess tariff rates and ongoing trade negotiations. Here is a simple breakdown of what was imposed, what has been scrapped, and what applies now.
#USTariffs #IndiaUSTrade #SupremeCourt #GlobalTrade #TrumpTradePolicy
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