US Supreme Court overturns global tariffs LIVE Updates: India’s tariffs cut from 18% to 10%, report cites White House officials

Trump Tariffs US Supreme Court Decision LIVE Updates: India has delayed plans to send a trade delegation to Washington this week, chiefly because of uncertainty after the US Supreme Court struck down tariffs imposed by President Donald Trump, news agency Reuters reported a source in the Commerce Ministry as saying on Sunday. Indian exports, originally slated for an 18% duty under IEEPA, now see a reduction to the 15% blanket rate imposed by Trump under a different provision, providing temporary relief for Indian exporters. What did Trump do after the US verdict? US President Donald Trump announced on Saturday that he will raise global tariffs from 10% to 15% a day after the Supreme Court delivered verdict that struck down his sweeping tariffs. The US’ top court had ruled that the President exceeded his authority when he imposed tariffs using IEEPA, a law reserved for national emergencies. Hours after the ruling, Trump issued a proclamation to impose a 10% global tariff on almost all imports to US under a rarely-used provision known as Section 122 of the Trade Act of 1974. This Section allows the temporary imposition of 15% tariffs for up to 150 days in response to “fundamental international payments problems”. While the IEEPA-based tariffs are gone, the administration maintains that Section 232 (national security) and Section 301 (unfair trade practices) duties remain in full force. ## Real-time impact table: Tariff changes at a glance Policy status | Authority used | rate impact | Current status Global reciprocal tariffs | IEEPA (1977) | Up to 50% | Struck down New temporary duty | Section 122 | 15% | Effective Feb 24 India-specific rate | Interim deal | Was 18% | Reduced to 10% Steel/aluminum duties | Section 232 | Various | Remaining in place Our Global Desk are monitoring official statements from the White House, the Trump administration, and other reactions. Stay tuned for real-time updates as this story develops. After the US Supreme court struck down President Donald Trump's global tariffs imposed under IEEPA, he said that in the next few months, his administration will determine and issue “new and legally permissible duties.” After the verdict, he announced a blanket tariff of 15% on all countries under Section 122 of the 1974 Trade Act, which is a temporary measure (150 days) for “fundamental international payments problems.” After that, the American government must seek US congressional approval. The other known legal routes for the executive to implement tariffs are: • Section 232 of the Trade Expansion Act of 1962 which allows tariff actions on national security grounds. • Section 301 of the 1974 Trade Act enables the American government to slap tariffs citing anti-competitive trade policies. However, tariffs under these provisions could take time to implement as they require thorough investigation. Tariffs under Section 232 has already been deployed in the case of steel, aluminium, semiconductors, auto components and other products. India has delayed plans to send a trade delegation to Washington this week, chiefly because of uncertainty after the U.S. Supreme Court struck down tariffs imposed by President Donald Trump, a source in its trade ministry said on Sunday. One of the first concrete reactions among Asian nations to the decision, it follows Trump's ⁠move ​on Saturday to levy a temporary tariff of 15%, the maximum allowed by law, on U.S. imports from all countries, following the court's rejection. "The decision to defer the visit was ​taken after ​discussions between officials of the two ⁠countries," said the source, who sought anonymity as the matter is a sensitive one. "No new date for ‌the visit has been decided." The delay came mainly from the uncertainty over tariffs following Friday's judgment, the source added. (Reuters) After the US Supreme Court struck down his import duties, US President Donald Trump said his administration would replace the scrapped tariffs with a 10% levy on all goods coming into America using another legal provision. Hours later, he jacked it up to 15 per cent. The 15% tariffs he announced on Saturday is the maximum allowed under this never-used trade law in the American statute books (under Section 122 of the 1974 Trade Act). Secondly, this too is temporary, given that the provision only allows these tariffs for around five months. After that, the American government must seek US congressional approval. Read the full story here US Supreme Court overturns global tariffs LIVE Updates: Congress took a jibe at the government over interim US trade deal following the American Supreme Court's verdict striking down President Donald Trump's global tariffs. Congress general secretary Jairam Ramesh argued that the deal reflects "Abki baar Trump se haar" and should be renegotiated, particularly the clause on import liberalization, especially for agricultural products. "Prime Minister Narendra Modi had given a slogan in Houston in 2019 -'Abki baar Trump Sarkaar' but this framework for an interim agreement is proof of 'Abki baar Trump se haar'," Ramesh told PTI. "This is directly linked to Mr. Rahul Gandhi's attack in Parliament on the PM on the failures on the external security front. So this announcement of the deal was part of managing the news and the headlines," he alleged. US Supreme Court overturns global tariffs LIVE Updates: India and the US have decided to reschedule the proposed meeting of their chief negotiators in Washington to finalise the text of the interim trade pact, sources said on Sunday. The Indian team was scheduled to start the three-day meeting on February 23. "With regards to the visit of the Indian team of negotiators to the US for the India-US Trade Deal, the two sides are of the view that the proposed visit of the Indian Chief Negotiator and the team be scheduled after each side has had the time to evaluate the latest developments and their implications. The meeting will be rescheduled at a mutually convenient date," a source said. The development is important following the US Supreme Court verdict against the earlier sweeping tariffs of the Trump administration. Trump on Friday imposed 10 per cent tariffs on all countries, including India, from February 24 for 150 days. On Saturday, he announced to hike the duty to 15 per cent. US Supreme Court overturns global tariffs LIVE Updates: The Supreme Court decision striking down President Donald Trump’s sweeping tariffs has added a wrinkle to already complicated U.S.-China relations, with both countries navigating shifting ground to avoid an all-out trade war that would disrupt the global economy while still jostling for a position of strength in negotiations.Friday's court ruling would seem to strengthen China’s hand, but analysts predict that Beijing will be cautious in exploiting the advantage, knowing that Trump has other ways of levying taxes. Both sides also want to maintain a fragile trade truce and stabilize ties ahead of Trump’s highly anticipated trip to Beijing.“It will give China a moral boost in their negotiations with Trump's team ahead of the summit, but they are prepared for the scenario that nothing actually changes in reality," said Sun Yun, director of the China program at the Stimson Center, a Washington-based think tank.Furious about the defeat, Trump said first he was imposing a temporary 10% global tariff before raising it to 15% as well as pursuing alternative paths for import duties. US Supreme Court overturns global tariffs LIVE Updates: The US Supreme Court Friday struck down Donald Trump’s sweeping global tariffs, ruling that the President exceeded his authority when he imposed duties using a law reserved for national emergencies. “The idea that we have a system that self-corrects, that allows us to say ‘You might be the most powerful man in the world but you still can’t break the Constitution.’ That to me is what today is about,” said Neal Katyal, the Indian-origin lawyer who was at the centre case, arguing about the illegality of the levies on behalf of small businesses. Read the full story here A day after the US Supreme Court struck down his sweeping tariffs, President Donald Trump slammed the ruling, calling it “ridiculous, poorly written and extraordinarily anti-American”, and announced a blanket 15 per cent levy for 150 days on goods imported into the US from around the world. Read the full story here. US President Donald Trump said that in the next few months, his administration will determine and issue "new and legally permissible duties." This comes as he raised global tariffs from 10% to 15% under Section 122 of the Trade Act of 1974. "During the next short number of months, the Trump Administration will determine and issue the new and legally permissible Tariffs, which will continue our extraordinarily successful process of Making America Great Again - GREATER THAN EVER BEFORE!!! Thank you for your attention to this matter," Trump wrote on Truth Social. The US court ruled on Friday that the President exceeded his authority when he imposed tariffs using IEEPA, a law reserved for national emergencies. Following this, Trump announced a 10% global tariff on almost all US-bound goods under Section 122, which allows temporary imposition of 15% tariffs for up to 150 days in response to “fundamental international payments problems”. Alongside this section, two other provisions — Section 232 of the Trade Expansion Act of 1962 and Section 301 of the 1974 Trade Act — that are already in use. Section 232 and Section 301 offers much less flexibility and warrant formal investigations before they are levied. Although it would take time, the investigations can make the duties harder to challenge once they are in place. US President Donald Trump has announced that he will raise global tariffs from 10% to 15% a day after the Supreme Court delivered a verdict that struck down his sweeping levies. Calling the verdict an "anti-American decision," Trump said he will raise the tariffs he announced yesterday under Section 122 of the Trade Act of 1974 "to the fully allowed, and legally tested, 15% level." The top court ruled on Friday that the President exceeded his authority when he imposed tariffs using IEEPA, a law reserved for national emergencies. Hours after the ruling, Trump issued a proclamation to impose a 10% global tariff on almost all US-bound goods under a rarely-used provision -- Section 122. This Section allows the temporary imposition of 15% tariffs for up to 150 days in response to “fundamental international payments problems”. Brussels has the tools to hit back at the United States for its latest round of tariffs, France's trade minister Nicolas Forissier told the ⁠Financial ​Times on Saturday. Paris was in talks with EU counterparts and the European Commission over U.S. President Donald Trump's decision ​to impose a ​flat global tariff ⁠of 10% after the U.S. Supreme Court ruled that many of ‌the existing tariffs he had levied on trading partners were illegal, Forissier said.--Reuters The Supreme Court struck down a significant portion of President Donald Trump's global tariff regime, ruling that the power to impose taxes lies with Congress. Many Republicans greeted the decision with measured statements, some even praising it, and GOP leaders said they would work with Trump on tariffs going forward. (AP) "We are studying all developments in the US on tariffs and their implications," news agency PTI reported Ministry of Commerce and Industry as saying. India now faces a lower tariff rate of 10 per cent, down from 18 per cent, after US President Donald Trump announced a new global levy on items imported into the US following the Supreme Court verdict against his sweeping tariffs. French President Emmanuel Macron said on Saturday that the U.S. Supreme Court ruling on President Donald ⁠Trump's ​tariffs shows that it is good to have counterweights ​to power ​and the ⁠rule of law in democracies. "It is ‌not bad to have a Supreme Court and the rule of law," he ⁠said ⁠at the annual agricultural salon ⁠in Paris. "It ‌is ​good to have power ‌and counterweights to power in ‌democracies." He ​added ​that ​France would consider the consequences ​of Trump's new 10% ⁠global tariff and that France will ‌continue ⁠to export its products. After the US Supreme Court struck down President Donald Trump's global tariffs, Congress leader Rahul Gandhi accused Prime Minister Narendra Modi of being "compromised", saying his "betrayal" in the India-US interim trade deal stood exposed. The Congress alleged that the trade deal had become an "ordeal" for the country subjected to by the prime minister's "desperation and surrender". "The PM is compromised. His betrayal now stands exposed. He can't renegotiate. He will surrender again," Gandhi said in a post on X. This comes a day after the US Supreme Court struck down President Donald Trump's global tariffs. > The PM is compromised.His betrayal now stands exposed.He can’t renegotiate. He will surrender again.— Rahul Gandhi (@RahulGandhi) February 21, 2026 The PM is compromised.His betrayal now stands exposed.He can’t renegotiate. He will surrender again. More than $175 billion in US tariff collections are subject to potential refunds after the US Supreme Court on Friday struck down President Donald Trump's broad emergency tariffs, Penn-Wharton Budget Model economists said. Their estimate, produced at Reuters' request, was derived from a ground-up forecasting model that uses tariff rates by product and country for specific duties imposed by Trump, including those under the International Emergency Economic Powers Act (IEEPA), said Lysle Boller, senior economist for Penn-Wharton Budget Model (PWBM), a non-partisan fiscal research group at the University of Pennsylvania. The Supreme ⁠Court ​handed Trump a stinging 6-3 defeat by ruling he overstepped his authority by using IEEPA, a sanctions law, to impose tariffs on imported goods. At the centre of the landmark US Supreme Court verdict striking down President Donald Trump's sweeping global tariffs is an Indian-origin lawyer who argued before America's highest court about the illegality of the levies. Neal Katyal, the son of Indian immigrants and the former Acting Solicitor General of the United States under President Barack Obama, argued the consequential tariff case on behalf of small businesses and won. "Victory," Katyal posted on X shortly after the Supreme Court verdict came in on Friday. Katyal, in an interview to MS Now, said "One of the great things about the American system is what just happened today. I was able to go to court - the son of immigrants - able to go to court and say on behalf of American small businesses, 'Hey, this President is acting illegally.'" "I was able to present my case, have them ask really hard questions at me, it was a really intense oral argument and at the end of it, they voted and we won," he said. India now faces a lower tariff rate of 10 per cent, down from 18 per cent, after US President Donald Trump announced a new global levy on items imported into the US following the Supreme Court verdict against his sweeping tariffs. In a proclamation titled 'Imposing a Temporary Import Surcharge to Address Fundamental International Payments Problems', Trump said he is imposing, for a period of 150 days, a temporary import surcharge of 10 per cent ad valorem on goods imported into the United States, effective February 24. The new rate will apply to countries around the world. With the revised 10 per cent rate in place, Indian goods entering the US will no longer be subject to the earlier 18 per cent tariff that had been decided after the announcement of a framework for an Interim Trade Agreement between India and the US. With the US Supreme Court striking down President Donald Trump's global tariffs and Washington issuing a new order imposing a temporary 10 per cent import surcharge, Indian goods will now face only a 10 per cent reciprocal levy from February 24, trade experts and exporters said on Saturday. In a major setback to Trump's pivotal economic agenda for his second term, the US Supreme Court, in a 6-3 verdict written by Chief Justice John Roberts, ruled that the tariffs imposed by the president on nations around the world were illegal and that he had exceeded his authority when he imposed the sweeping levies. Later, Trump's proclamation, dated February 20, said: "I impose, for a period of 150 days, a temporary import surcharge of 10 per cent ad valorem on articles imported into the United States, effective February 24, 2026". The US had imposed a reciprocal tariff of 25 per cent on India in August. US President Donald Trump said on Friday that India will continue to pay the 18 per cent tariffs despite a ruling by the United States Supreme Court invalidating his sweeping reciprocal tariffs. The US and India have struck an interim trade agreement under which Washington decreased tariffs to 18 per cent from the previous 50 per cent. New Delhi, on the other hand, agreed to impose zero tariffs on US goods. However, the Supreme Court, earlier in the day, ruled 6-3 that Trump’s sweeping tariffs on goods from nearly all partner countries had violated federal law. (Read more) Taiwan said on Saturday it was closely monitoring the US Supreme Court's ruling ⁠on tariffs ​and the Trump administration's imposition of ​a ​flat global tariff ⁠of 10%. "While the initial impact ‌on Taiwan appears limited, the government will closely monitor developments and ⁠maintain close communication ⁠with the United States," ⁠the ‌island's ​cabinet said in ‌a statement. These efforts would enable ‌Taiwan ​to ​understand ​specific details of implementation and ​respond appropriately, it ⁠added. Countries that have trade agreements with the United States, including India, will have their tariff rates reduced to 10% from existing 18% under the latest proclamation signed by US President Donald Trump, reported CNBC, citing White House officials. US Trade Representative Jamieson Greer said on Friday his office would launch several new investigations under the Section 301 trade provision, covering most major trading partners and areas such as pharmaceutical product pricing. Greer said the administration was confident that all trade deals negotiated by President Donald Trump would stay in effect after the Supreme Court struck down on Friday ⁠tariffs ​ranging from 10% to 50% imposed under the International Emergency Economic Powers Act. The Trump administration has cautioned foreign trading partners and the business community for months that it would use alternative tools to address its trade ​concerns ​if the IEEPA tariffs were struck down. "Our ⁠partners have been responsive and engaged in good-faith negotiations and agreements despite the pending litigation, and we are ‌confident that all trade agreements negotiated by President Trump will remain in effect," Greer said. President Donald Trump faced a major setback after the US Supreme Court struck down his global tariff policy. Six justices voted to block the tariffs, rejecting his use of emergency powers. The ruling dealt a blow to one of his key economic measures. The decision showed the court’s independence, even from the president who appointed three of its members. Two of Mr Trump’s own nominees joined the majority, going against him. The case raised wider questions about presidential authority and the court’s role in checking executive power. Reacting at the White House, Mr Trump called the ruling “deeply disappointing”. He said he was “ashamed of certain members of the court” and accused them of lacking courage.