WASHINGTON D.C. (Feb 21, 2026) — Hours after the U.S. Supreme Court struck down President Donald Trump's sweeping trade duties, the President signed a new executive order imposing a 10% global tariff on all imports, including those from India.

The Legal Blow

• The Ruling: In a 6–3 decision, the Supreme Court ruled that Trump overstepped his authority by using the International Emergency Economic Powers Act (IEEPA) to bypass Congress and levy taxes.
• The Consequences: The ruling effectively invalidated the "reciprocal" tariffs that had previously targeted Indian exports.

The New 10% Surcharge

• The Pivot: Trump immediately invoked Section 122 of the Trade Act of 1974 to impose a 10% "import surcharge" for a period of 150 days.
• Effective Date: This new duty takes effect on February 24, 2026.
• Impact on India: While an earlier trade deal aimed to set India's rate at 18%, the White House confirmed that India will now pay the lower 10% global rate temporarily while new "reciprocal" paths are explored.

Trump's Reaction

President Trump dismissed the court's decision as "ridiculous," insisting that the "India deal is on" but maintaining that India must pay to access the U.S. market.