The US Supreme Court has ruled that reciprocal tariffs imposed under the IEEPA were unlawful, reshaping the legal framework underpinning recent US trade measures.
With the US Supreme Court tariff ruling, followed by new solar import duties of 125.87 percent on Indian exporters, India-US trade dynamics are being reshaped, prompting exporters and investors to reassess pricing strategies, supply chains, and tariff risk exposure.
On December 31, 2025, Trump signed a proclamation delaying the increase in tariffs on upholstered furniture, kitchen cabinets, and vanities for another year.
The US Supreme Court struck down the legal basis of Trump’s tariffs regime, with implications for trade and business in the MENA markets.
The court's decision curtails executive overreach in trade policy and could create a more stable tariff environment for businesses, but calls into question the the terms of the US-China trade agreement negotiated under the pretext of now-voided duties.
The current landscape of US-China tariff rates is complex, with multiple overlapping trade measures in effect. This article explains which tariffs apply in 2025 and how they intersect.
The White House has revised its February 2026 factsheet on the interim India-US trade framework, softening procurement language from “committed” to “intends” regarding over US$500 billion in US goods.
The US is set to roll back tariffs on Indian exports from 50 percent to 18 percent within days, according to the commerce minister. The signing of a joint statement, expected between February 11 and 13, 2026, will activate the first phase of the India–US trade framework.
Agreements reached during the Prime Minister's visit to China are modest, but the trip marks a pivotal moment in warming UK-China ties.
After a year of upheaval, China and the US have settled into an uneasy but enduring truce. However, unresolved political, regulatory, and security tensions continue to shape the outlook for the year ahead.
The 2026 tariff schedule seeks to support development of key industries while upholding commitments under China's free trade agreements.
US–Vietnam trade continues to grow, with key states leading most of the activity. Vietnam depends on US exports for production inputs, forming an integrated trade network supported by major transport hubs.
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