https://www.taxtmi.com/news?id=71201 President announced an immediate increase in the worldwide import surcharge to a higher legally framed rate and stated the administration will determine new legally permissible tariffs; this follows a Supreme Court decision holding that reliance on IEEPA to impose sweeping duties exceeded presidential authority and has affected bilateral tariff arrangements under an interim trade framework with India. en-us Sat, 21 Feb 2026 22:31:03 +0530 Sat, 21 Feb 2026 22:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=71201 President announced an immediate increase in the worldwide import surcharge to a higher legally framed rate and stated the administration will determine new legally permissible tariffs; this follows a Supreme Court decision holding that reliance on IEEPA to impose sweeping duties exceeded presidential authority and has affected bilateral tariff arrangements under an interim trade framework with India. News - Sat, 21 Feb 2026 22:31:03 +0530 https://www.taxtmi.com/news?id=71201