Trump’s game of 10% tariff…, know what effect this decision will have on other countries including India?

The US Supreme Court has given a big blow to Donald Trump by declaring his tariffs illegal. After this, Trump has announced to impose 10% global tariff. Let us understand what impact it is going to have on all the countries of the world including India.

Trump’s tariff bomb

Trump’s attitude has become heated after the US Supreme Court declared this tariff illegal. Within hours of the court’s decision, the President signed an executive order and imposed a 10% global tariff on imports from all countries of the world.

Is there only 10% tariff on India and other countries?

After declaring Donald Trump’s tariffs illegal and then Trump announcing new global tariffs, the big question is that now all the countries including India will have to pay only 10% tariff. A White House official has been quoted as saying that yes, unless any other authorization is implemented, only the 10% tariff will remain in place.

Will the new tariff replace IEEPA?

Last year, Trump had declared the month of April 2025 as Liberation Day for America and announced the tariff, which ranged from 10% to 50%. He had imposed this reciprocal tariff under the International Emergency Economic Powers Act and the court has made it clear in this regard that the President does not have the authority to do so and it is used only in emergency situations.

For how many days will the new tariff remain in effect?

Donald Trump, after losing on the tariffs in the Supreme Court, hastily ordered the imposition of a 10% global tariff under Section 122 of the Trade Act of 1974. Along with this, he has also told that it will remain in force for about five months or 150 days.

Can Trump impose more tariffs?

Donald Trump himself has answered this question and while talking about 10% global tariff in the press conference, he has indicated that necessary investigation will be done to decide the appropriate tariff and if necessary, the tariff can be hiked.

Why did Trump impose new global tariffs?

A White House official has said that America’s new 10% global tariff is part of President Donald Trump’s protectionist trade agenda, which aims to address balance of payments problems and unfair trade practices.