Temporary 10 pc tariff by US set to expire today

 NEW DELHI, July 23: 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. Trump, in April 2025, had announced sweeping reciprocal tariffs on a number of countries, including on India (26 per cent). (PTI)