US Supreme Court’s end to Trump’s tariff tantrum boosts India’s hand

rejected arguments that tariffs had helped him achieve foreign policy goals, curbing his ability to impose levies at will to address geopolitical conflicts, including threats to penalize countries that do business with Iran or to gain leverage in his bid to acquire Greenland."Deeply disappointed", Trump signed off on a global 10% tariff "on all countries", hours after the Supreme Court order. "It is my Great Honor to have just signed, from the Oval Office, a Global 10% Tariff on all Countries, which will be effective almost immediately," he wrote on his Truth Social platform.He also insisted tariffs previously imposed under Section 232 (National Security) and existing Section 301 (Unfair Trade) remain “in full force and effect”.But these levies can remain in place for 150 days, unless Congress extends them.What does this mean for India and the 18% tariffs on it?According to Trump: “Nothing changes”.“They'll (India) be paying tariffs, and we will not be paying tariffs.

So, the deal with India is that they pay tariffs," he said answering questions at the White House following the SC's order.“I think Prime Minister Modi is a great gentleman, a great man,” he said, adding that “he was ripping us off”.He also reiterated his claim that he stopped a war between India and Pakistan following the 2025 Operation Sindoor. He said it was his tariffs that “stopped the war between India and Pakistan”, stating: “And I did it largely with tariffs.

I said, ‘Look, you’re going to fight, that’s fine, but you’re not going to do business with the US, and you’re going to pay a 200% tariff, each country’. And they called up and they said, ‘we have made peace’.”But with the threat of higher tariffs likely to end, India could re-examine the terms