Trump’s ‘tariff blast’! After setback from Supreme Court, America imposed 10% global tax, know whether it is ‘relief’ or ‘trouble’ for India?

Washington/New Delhi: There was a stir in the global business world on Saturday when US President Donald Trump made a new move just hours after receiving a major legal setback from the Supreme Court. Trump administration bans imported goods coming to America 10 percent global tariff Executive order for installation has been issued. This new order will be effective from 24 February 2026. The special thing is that due to this new system, the situation has become interesting for India, where the tax burden on some goods seems to be reducing, while global uncertainty has increased.

Supreme Court’s historic decision and Trump’s displeasure

This whole drama started when the US Supreme Court majority of 6-3 The decision declared President Trump’s old tariff orders ‘illegal’. The court said that in 1977 IEEPA law Under the U.S. Constitution, the President does not have the power to impose blanket import tariffs; this authority rests only with the U.S. Congress. With this decision, billions of dollars of fees collected by the Trump administration have become invalid and now the US government will have to pay almost 130 to 175 billion dollars You may have to pay a refund of up to Rs. President Trump described the decision as ‘horrible’ and ‘ridiculous’ and said that the court is influenced by foreign interests.

Section 122: Trump’s new ‘weapon’

Trump did not accept defeat after being defeated by the Supreme Court. He signed the Trade Act of 1974. section 122 Announced imposition of 10 percent global surcharge using. This law allows the President to temporarily impose tariffs of up to 15% for up to 150 days to improve the ‘balance-of-payments’ (trade deficit).

‘Relief’ or ‘trouble’ for India?

This news is mixed from India’s perspective. Under the recent agreement between India and America on Indian goods 18% reciprocal tariff There was talk of imposing Reciprocal Tariff. But now with the global tariff being 10%, Indian exporters can get relief because now they will have to pay only 10% instead of 18%. However, this relief is temporary and Trump has made it clear that other security-related tariffs (such as on steel and aluminum) will continue.

Which sectors will be affected the most?

Even though the rate has been reduced, the global tax of 10% is a new challenge for key export sectors like Indian steel, aluminium, auto parts and textiles. White House officials have clarified that India will also have to be a part of this new arrangement and all trading partners will have to follow US agreements.