Last mentioned: Feb 23, 2026
Original Target
Initial implementation date for the trade pact, now likely delayed.
Talks Postponed
India and US reschedule the Feb 23 chief negotiator meeting in Washington DC.
Tariff Escalation
Trump imposes 10% (later 15%) tariffs on all countries for 150 days.
SCOTUS Ruling
US Supreme Court strikes down President Trump's unilateral tariff-imposing powers.
Framework Reached
India and US announce a framework for an interim trade agreement.
Negotiations for an interim India-US trade pact have been indefinitely postponed following a landmark US Supreme Court ruling that limits executive authority over tariffs. The delay comes as President Trump imposes a 150-day emergency tariff of 15% on all imports, including those from India.