Donald Trump administration's 10% tariff on most Indian goods expires on July 24: What happens after that?

The 10% Section 122 tariff on most Indian goods, imposed temporarily after the US Supreme Court struck down Trump’s original tariff regime, expires on July 24, 2026.

Two US investigations under Section 301 are underway that could lead to replacement tariffs on India.

Steel, aluminum, and automobiles face separate 50% and 25% Section 232 tariffs, which are unaffected by the expiry.

Exemptions cover electronics (smartphones, laptops, semiconductors), pharmaceuticals, energy products, and critical minerals—these categories account for nearly half of India’s $86.51 billion in annual exports to the US.

A US Senate bill proposes tariffs up to 100% on Indian goods linked to India’s purchases of Russian oil.