- By Priyanka Koul
- Sat, 21 Feb 2026 11:09 PM (IST)
- Source:JND
Trump Raises Global Tariff: US President Donald Trump on Saturday said that he is raising the 10 per cent worldwide tariff on countries announced yesterday "to the fully allowed, and legally tested, 15 per cent level." This move comes a day after the US Supreme Court’s ruling, which had overturned the wide-ranging tariffs Trump had imposed the previous year.
With the earlier announced tariff rate of 10 per cent to be applicable on countries around the world, Indian goods being imported into the US would no longer have been subjected to the 18 per cent tariff rate that had been decided following the announcement of a framework for an Interim Agreement on trade between India and the US. But that would change now with the new announcement of the 15 per cent tariff rates.
Trump explained in a social media post that the decision to increase the tariff to 15 per cent was based "on a thorough, detailed, and complete review of the ridiculous, poorly written, and extraordinarily anti-American decision on Tariffs issued yesterday, after MANY months of contemplation, by the United States Supreme Court."
On February 7, India and the United States confirmed they had agreed to a framework for an Interim Agreement aimed at fostering reciprocal and mutually beneficial trade. This framework also reiterated both countries’ commitment to pursuing broader US-India Bilateral Trade Agreement (BTA) negotiations, which will include further market access and more resilient supply chains.
Key provisions of the Interim Agreement included India’s commitment to eliminating or reducing tariffs on all US industrial goods and a range of US food and agricultural products, such as dried distillers' grains (DDGs), red sorghum for animal feed, tree nuts, fresh and processed fruits, soybean oil, wine and spirits, and more.
Impact of Trump's 15 per cent Global Tariff on India-US Trade
The latest tariff hike will once again alter the rates for Indian goods entering the US market. Trump’s decision to escalate the global tariff from 10 per cent to 15 per cent intensifies trade tensions, just a day after the US Supreme Court struck down his previous extensive duties. For India, this creates new uncertainty in an already fluctuating tariff environment.
- Possible Relief for Indian Exporters
- Potential Refunds
- Strengthening of Bilateral Trade Talks
Earlier, under a February 20 proclamation, the US had imposed a temporary 10 per cent ad valorem import surcharge for 150 days beginning February 24, replacing the previous 25 per cent reciprocal tariff on Indian goods. That reduction followed negotiations on an interim trade framework between Washington and New Delhi. The 10 per cent levy applies over and above existing Most Favoured Nation duties.
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Now, with Trump’s announcement of the 15 per cent global tariff, Indian exports may face a higher rate than the 10 per cent temporary surcharge, although the exact details of implementation are still pending.
Chief Justice John Roberts, speaking for the majority, stated, “The President asserts the extraordinary power to unilaterally impose tariffs of unlimited amount, duration, and scope. In light of the breadth, history and constitutional context of that asserted authority, he must identify clear congressional authorisation to exercise it.”