Indian Exports Worth Billions Still Hit by US Tariffs Post-Supreme Court Ruling
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Indian Exports Face $8 Billion US Tariffs Despite Supreme Court Relief
M
Moneycontrol•20-02-2026, 21:05
Indian Exports Face $8 Billion US Tariffs Despite Supreme Court Relief
•Over $8 billion of Indian exports still face US tariffs under national security provisions, despite the Supreme Court striking down reciprocal tariffs.
•The ruling eliminated 18% reciprocal tariffs, returning most Indian goods to Most Favoured Nation (MFN) levels, averaging around 3%.
•Section 232 duties remain on steel, aluminium, automobiles, timber, copper, and certain machinery products, deemed critical to US national security.
•In 2024, India exported $8.3 billion worth of goods in Section 232 categories to the US, representing 10.4% of total exports to the US.
•Automobiles ($3.9 billion), steel ($2.5 billion), and aluminium ($800 million) account for over 85% of the trade still subject to these duties.
