US strikes down Trump's 10% tariffs — How should India proceed now?

May 8, 2026 - 16:30
US strikes down Trump's 10% tariffs — How should India proceed now?

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US courts have again blocked Trump's 10% global tariffs, deeming them unauthorized. This ruling, following earlier tariff invalidations, signals a return to WTO's MFN rates. For India, this policy instability raises concerns, prompting advice to pause Free Trade Agreement talks until US trade systems stabilize, preventing one-sided deals.

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