The India-US relationship came to a standstill during the Trump 2.0 administration, with skyrocketing tariffs up to 50 percent since August 2025, creating an economic burden on India. Within the unpredictable geopolitical environment, the interim trade agreement between India and the United States finally came to terms in February 2026, but the recent ruling of the US Supreme Court brought the deal to a halt. The Supreme Court struck down Trump’s sweeping global tariffs, ruling that he cannot use the 1977 emergency powers law to slap blanket duties on nearly every country.
Tag: Tariffs
Tariffs ≠ Collapse: India’s Trade Journey through Trump-Era Tariffs
When the “America First” trade policy was declared by U.S. President Donald Trump in his previous term, he framed it as a move to protect U.S. workers from what he labeled unfair foreign competition. India, even as a long-time U.S. ally, found itself squarely in the crosshairs. Trump claimed that India charged high tariffs on American products while gaining preferential entry into U.S. markets. Such a disparity, he said, required a corrective measure. The tariffs did not come as a blanket measure initially but were developed incrementally through a series of increments.