Trump Raises Global Tariffs to 15%: Legal, Constitutional, and Trade Implications for India
Introduction In a major escalation of global trade tensions, United States President Donald Trump announced an increase in proposed global tariffs to 15% , up from the earlier announced 10%. This announcement follows a significant US Supreme Court ruling limiting presidential tariff powers , prompting Trump to invoke alternative executive authority to impose temporary duties. The move has important consequences for India’s trade position, global supply chains, and international trade law norms , especially given ongoing bilateral negotiations between New Delhi and Washington. Background: Trump’s Global Tariff Policy Shift On Saturday, President Trump stated that he would raise the global tariff rate to 15% , citing dissatisfaction with a recent Supreme Court decision that struck down his earlier tariff regime. Previously: Trump had announced a 10% global tariff on imports using executive authority. The tariffs were framed as emergency measures to address trade deficits and national se...