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Emkay: SCOTUS Ruling Reduces India's US Tariffs to 11-13%, Bolstering Trade Deal Negotiations
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SCOTUS Tariff Setback Cuts India's US Duty to 11-13%, Boosts Trade Deal Reset
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CNBC TV18
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22-02-2026, 17:10
SCOTUS Tariff Setback Cuts India's US Duty to 11-13%, Boosts Trade Deal Reset
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India's effective US duty drops to 11-13% from as high as 50% after Supreme Court struck down reciprocal tariffs, improving export outlook.
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The revised tariff structure aligns India with Asian peers and positions it ahead of China, with 40% of exports remaining tariff-free.
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SCOTUS decision limits US tariff leverage for trade deals, shifting focus to sectoral duties; fallout expected to be narrower than in 2025.
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Lower tariff pressure and absence of Russia oil-linked penalties strengthen India's hand for more favorable trade negotiations with the US.
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US Supreme Court ruled Trump's sweeping tariffs unlawful, exceeding presidential authority in a 6-3 verdict.
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