What does US tariffs 15% mean for Indian exporters?

It is a temporary 15% surcharge on imports into the US under Section 122. It can pressure landed prices and margins. The known clock lets firms plan pricing, hedging, and orders. Watch for product exclusions, buyer pass-through, and any reciprocal steps by India that could rebalance costs.

How long can the Section 122 tariff last?

Section 122 authorizes a temporary surcharge, commonly described as up to about five months. If no follow-on measure replaces it, it lapses. This sunset focuses both sides on near-term bargaining. Investors should watch official US notices and any signals that shorten or extend the practical timeline.

How does the SCOTUS tariff ruling affect talks?

The SCOTUS tariff ruling narrows use of IEEPA for tariffs, pushing actions toward clearer trade statutes. That reduces legal uncertainty and surprise spikes. For India, this shift supports time-bound, rules-based talks. It may help secure stable duty lines or exclusions important to export sectors like textiles and chemicals.

Which Indian sectors are most exposed to the US tariffs 15%?

Textiles and apparel, gems and jewellery, specialty chemicals, pharma generics, and auto components have notable US exposure. Short-term pressure depends on buyer contracts and pass-through. Companies with strong brands, diversified customers, and hedging policies can better manage the temporary surcharge’s impact on margins.

Law and Government

India-US Trade Talks Paused as 15% Tariffs Reset Leverage – February 24

ByDanny Kontos February 24, 2026

India’s decision on February 24 to pause its Washington trade visit comes as US tariffs 15% take effect under Section 122 and the US Supreme Court narrows IEEPA-based duties. This reset creates a five-month window that may boost India’s leverage in an India US trade deal. We explain what changed, how the timeline works, and what Indian investors in export-heavy and tariff-sensitive sectors should watch before the temporary levy expires.