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HomeIndiaUS-India Trade Deal Intact? Trump Says “Nothing Changes” After SC Tariff Setback

US-India Trade Deal Intact? Trump Says “Nothing Changes” After SC Tariff Setback

The ruling came just days after the United States and India announced a framework for an Interim Agreement on reciprocal and mutually beneficial trade, reaffirming their commitment to a broader U.S.-India Bilateral Trade Agreement (BTA) launched by Trump and Prime Minister Narendra Modi on February 13, 2025.

Under the interim framework, India agreed to eliminate or reduce tariffs on all US industrial goods and a wide range of US agricultural and food products, including dried distillers’ grains (DDGs), red sorghum for animal feed, tree nuts, fresh and processed fruit, soybean oil, wine and spirits, and additional products.

In return, the United States agreed to impose a reciprocal tariff of 18 per cent on goods originating in India, including textiles and apparel, leather and footwear, plastic and rubber products, organic chemicals, home décor, artisanal goods and certain machinery. The US had earlier imposed a 50 per cent tariff on Indian goods, including a 25 per cent tariff for importing oil from Russia.

Despite the Supreme Court’s ruling, Trump insisted that the India arrangement would stand.

“Nothing changes. They’ll be paying tariffs, and we will not be paying tariffs. This is a reversal of what used to be. PM Modi is a great gentelman a great man. He was much smarter than the people he was against. In terms of the US, He was ripping us off. So we made a deal with India. A fair deal now. We are not paying tariffs to them, and they are. We did a little flip,” Trump said.

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