US tariffs on Indian goods reduced to 10% tariffs from 18% after US Supreme Court ruling​on February 21, 2026 at 6:03 am

The decision followed the Court’s determination that the International Emergency Economic Powers Act (IEEPA) does not grant the president the authority to impose tariffs. The decision followed the Court’s determination that the International Emergency Economic Powers Act (IEEPA) does not grant the president the authority to impose tariffs.