The trade agreement between India and America will be signed only when the new tariff structure is fully implemented in America. Commerce Secretary Rajesh Aggarwal said during a trade data briefing on Monday. The US government is under attack from the courts over its tariff policies. The Donald Trump-led government was reprimanded by the US Supreme Court on the tariff rules.
In February, the US Supreme Court canceled the Trump government’s reciprocal tariffs. Just hours after the court decision, Donald Trump signed an executive order, in which some tariffs were removed. An additional import surcharge of 10 percent was imposed on goods coming to America.
Donald Trump announced that the new tariff rates will now be 15 percent.
Also read: ‘Khamenei’ alive, IRGC strong, Gulf destroyed, how is Trump losing the war with Iran? understand
Why will the tariff agreement be put on hold?
Commerce Secretary Rajesh Aggarwal said, ‘The details of the deal are currently under discussion between India and America. We want the US to restore global tariff rates, so that the agreement can be finalized. Both countries are working on an interim trade agreement, which is expected to be finalized and signed by the end of March 2026.
Is Donald Trump entangling India?
Donald Trump:-
‘The courts treat the Republicans and me very unfairly. The court has always supported those who should not be protected. They have become too political. Cases don’t matter, judges matter.
Also read: Trump’s threat to media companies, said fake news about Iran
Donald Trump has said, ‘The decision of the US Supreme Court is unfortunate and unnecessary. It was a gift to the countries and companies that had been plundering the United States of America for decades. I have rights. As President, all I can do is criticize him for his bad behavior. This statement about the United States Supreme Court will bring me nothing but trouble in the future, but I feel it is my duty to tell the truth.
It is clear from Donald Trump’s decisions that he can soon make some plan regarding new tariff policies. He had already described the court’s decision as foolish. Donald Trump has also indicated that he will now use his power as President.
Also read: There is a war between Trump and the US Supreme Court on tariffs, what is the impact on the world?
What was the new tariff agreement with America?
An interim trade agreement was signed between India and the US in February 2026. America had reduced the ‘reciprocal tariff’ on Indian goods from 25 percent to 18 percent. The 25 percent tax imposed on purchasing oil from Russia was also removed.
India had agreed to reduce purchases of Russian oil and turn to the US for energy. India had agreed to reduce tariffs on almonds, walnuts, wine and medical equipment.
It was decided that India would invest about $500 billion in America’s technology and energy sector in the next few years. The final signature of this agreement is pending for some time due to US court decisions and the implementation of the new tariff regime.
Comments are closed.