Trump Slashes India Tariffs to 10% from Feb 24
February 21, 2026·4 days ago·via NDTV
President Trump defies a US Supreme Court setback on his broad tariff powers by signing an executive order imposing a 10% global tariff on imports, effective February 24 for 150 days, with exemptions for key sectors like pharma and USMCA goods. India, fresh off a framework deal slashing prior 50% and 25% duties to 18% in exchange for ditching Russian oil and committing to $500 billion in US energy, tech, and ag buys over five years, now faces this uniform 10% rate despite earlier pacts.
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