'Studying all developments': India weighs impact of US Supreme Court tariff ruling

After the US Supreme Court blocked Trump's global tariffs, the Indian government said that it was studying the developments on the US tariff and their implications.

"We have noted the US Supreme Court judgement on tariffs yesterday (Friday). US President Donald Trump has also addressed a press conference in this regard," it said in a statement.

"Some steps have been announced by the US administration. We are studying all these developments for their implications," the ministry added.

Trump's policy of global tariffs faced a setback after the US top court ruled that the tariffs imposed by the US President were illegal and out of his authority.

While the US had imposed 25 per cent tariff on India in August followed by additional 25 per cent levy for buying Russian oil, recently the US had agreed to cut the tariff down to 18 per cent for India as the two nations finalised a trade deal.

However, Trump's proclamation on February 20 said, "I impose, for a period of 150 days, a temporary import surcharge of 10 per cent ad valorem on articles imported into the United States, effective February 24, 2026".

(With PTI inputs)