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The Economic Times
The Economic Times

US' temporary 10% tariff set to expire on Friday unless extended or new duties announced

United States Donald Trump India Ajay Srivastava GTRI

New Delhi: The 10 per cent temporary tariff imposed by the US on imports from its trading partners, including India, is set to expire at 9:31 am (IST) on July 24, unless President Donald Trump's administration extends the measure or announces a new tariff regime.

If no fresh announcement is made in the next few hours, imports from India and other US trading partners will revert to the tariff regime that existed before April 2, 2025, when no additional duty was in place.

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