What is the Trump 10% global tariff and how long will it last?

It is a temporary U.S. import duty set at 10 percent under Section 122. It was imposed after the Supreme Court tariff ruling struck down IEEPA-based duties. The measure takes effect almost immediately and runs for 150 days. It coexists with Section 232 and 301 tariffs, which remain in force.

How could this affect Indian exporters to the U.S.?

Goods exporters could face price cuts as U.S. buyers seek to offset the new 10 percent duty. Categories like textiles, apparel, chemicals, and auto parts are most exposed. Firms with strong brands or specialized products can defend margins better. Services exports like IT and BPM are not targeted by goods tariffs.

Does the Dow Jones tariff impact matter for Indian markets?

Yes. If U.S. equities weaken on tariff news, global risk appetite can fall. That may slow foreign portfolio flows into India and raise risk premiums. Even if direct earnings impact is limited, tighter financial conditions can pressure valuations for Indian cyclicals and exporters with heavy U.S. exposure.

What portfolio steps should retail investors in India consider now?

Review exposure to U.S.-dependent goods exporters. Prefer companies with diversified markets, pricing power, and low leverage. Keep some cash for dislocations. Maintain prudent USD-INR hedges for dollar revenues. Watch freight rates, inventory days, and U.S. retailer guidance for early demand signals before adding or trimming positions.

Law and Government

February 21: Trump’s 10% Global Tariff Resets Trade Risk for Stocks

ByDanny Kontos February 21, 2026February 21, 2026

Trump 10% global tariff is back on the table, and it matters for Indian investors. After the Supreme Court tariff ruling voided IEEPA-based duties, the White House used Section 122 to impose a 10 percent duty for 150 days. This resets U.S. import rates fast, keeps Section 232 and 301 in place, and leaves China at 35 percent. We break down sector risks for Indian equities, how margins could shift, and what portfolio moves make sense now.