22-February-2026
Economy News
 
US court ruling frees 55% of exports from additional levies
21-Feb-2026

The US Supreme Court decision invalidating country-specific tariffs by the Trump administration will free about 55% of India’s exports to America from the reciprocal tariffs that are to be brought down to 18% from 25% as part of a trade deal, according to a trade policy think tank. The 55% Indian exports will now be subject to only standard MFN tariffs, founder of Global Trade Research Initiative Ajay Srivastava said.

News Source:- https://www.financialexpress.com/policy/economy/us-court-ruling-frees-55-of-exports-from-additional-levies/4149922/