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  4. Trump defies us supreme court reaffirms 18 tariffs on india under interim trade deal
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Trump Defies US Supreme Court, Reaffirms 18% Tariffs on India Under Interim Trade Deal

US President Donald Trump on Friday asserted that India will continue to pay an 18 per cent tariff on its exports to the United States, despite a landmark ruling by the United States Supreme Court striking down his sweeping reciprocal tariff ...

regime. Calling the court’s verdict “deeply disappointing,” Trump insisted that the decision would have no impact on the interim India–US trade agreement, expected to be formally signed by the end of March. Under the interim deal between the United States and India, Washington reduced tariffs on Indian goods from 50 per cent to 18 per cent, while New Delhi agreed to impose zero tariffs on US goods. Trump said the agreement marked a reversal of past trade dynamics, praising Narendra Modi as a “great gentleman” and stating that the deal was now “fair” to the US. “They’ll be paying tariffs, and we will not be paying tariffs,” Trump told reporters.

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