10 or 18%? Donald Trump's new tariff on India decoded after US Supreme Court order

In a recent move that sent shockwaves through international trade, U.S. President Donald Trump signed an order imposing a 10% tariff on imports from all countries, including India. This decision followed a ruling by the U.S. Supreme Court that allowed the administration to impose tariffs as a means to protect American industries. The tariff is set to increase tensions between the U.S. and its trading partners, particularly in light of existing trade disputes. Analysts suggest that this could have significant implications for Indian exporters who rely on the U.S. market for their goods. The Indian government has expressed concern over the potential economic impact and is expected to assess its options in response. This tariff hike comes amidst ongoing discussions around trade agreements and economic cooperation between the two nations, highlighting the challenges faced in achieving a balanced trade relationship. Observers note that the situation is fluid, and future negotiations may hinge on how both countries navigate these new trade barriers and seek to protect their respective economic interests.