IEEPA

Timeline

1. 24 Jul2026
   Economy

   US shifts to Section 301 tariffs after Supreme Court struck IEEPA duties; India in 10%¹²³

   The US imposed a 10% Section 301 tariff on Indian goods effective 24 July 2026, in a forced-labour action covering about 60 economies, replacing the temporary 10% Section 122 surcharge that expired that day. India was first proposed for 12.5% in June but was placed in the lower 10% tier after amending its foreign trade policy on 14 July to ban imports made with forced labour. The sweeping IEEPA reciprocal tariffs had been struck down by the US Supreme Court in February 2026.

   • The US imposed a 10% Section 301 tariff on Indian goods effective 24 July 2026, in a forced-labour action covering about 60 economies, replacing the temporary 10% Section 122 surcharge that expired that day
   • India was first proposed for 12.5% in June but was placed in the lower 10% tier after amending its foreign trade policy on 14 July to ban imports made with forced labour
   • The sweeping IEEPA reciprocal tariffs had been struck down by the US Supreme Court in February 2026
2. 20 Feb2026
   International

   US Supreme Court rules IEEPA does not allow president to impose tariffs⁴⁵⁶⁷

   In Learning Resources v. Trump on 20 February the US Supreme Court held that the International Emergency Economic Powers Act does not authorise the President to impose tariffs. Trump then raised a global tariff to 15 percent under other emergency powers.

   • Ruling date 20 February 2026
   • Case: Learning Resources, Inc. v. Trump (decided 6-3, opinion by Chief Justice Roberts)
   • IEEPA tariffs (reciprocal and fentanyl tariffs) held unlawful; Section 232 duties unaffected
   • Administration imposed a global tariff under Section 122 of the Trade Act of 1974, starting at 10 percent and raised to 15 percent within days (reports differ on exact start dates, 21-24 February)

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Sources

1. Business Standard
2. Deccan Herald
3. The Week
4. Thomson Reuters
5. Paul Weiss
6. Perkins Coie
7. EisnerAmper