CLAT GurukulSamudraManthan
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Topic 073 · International Relations & Organisations

India-US Interim Trade Framework and Tariff Tools

10 MCQs · tap an option to check it · All answers

Revise the 12 points first Book 1 RATNA
  1. Core Trigger: On 6 February 2026 India and the US announced an interim framework cutting US tariffs on Indian goods from 50% to 18%.
  2. Terms: India agreed to cut tariffs on US industrial and many farm goods and signalled intent to buy $500 billion of US goods.
  3. Current Head: Marco Rubio, US Secretary of State, and EAM S. Jaishankar held talks in Mumbai on 20 October 2026.
  4. Key Term: Section 301 probes target excess capacity and forced labour; India says its law meets ILO standards.
  5. Data: The Supreme Court ruled 6-3 on 20 February 2026 in Learning Resources v. Trump that IEEPA authorises no tariffs.
  6. Stakeholders: A temporary global Section 122 tariff of 10% followed from 24 February 2026.
  7. India Link: The interim deal was deferred until the US set its tariff structure; no signed deal by 29 October 2026.
  8. Venue: The ruling came from the US Supreme Court, Washington, D.C.
  9. Founded: IEEPA, the International Emergency Economic Powers Act, dates from 1977.
  10. Landmark: Learning Resources v. Trump (2026) vacated IEEPA tariffs; 'regulate importation' excludes taxing power.
  11. Articles: Section 301 belongs to the US Trade Act of 1974, whose Section 122 allows a tariff of up to 15% for 150 days.
  12. Doctrine: Under Article I, Section 8 of the US Constitution, Congress, not the President, holds the power to lay duties.
Question 1 of 10

The 6 February 2026 interim framework cut US tariffs on Indian goods from 50 per cent to what?

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Answer: (C) 18 per cent

Core Trigger: On 6 February 2026 India and the US announced an interim framework cutting US tariffs on Indian goods from 50% to 18%.From Book 1 RATNA, topic 073, point 1

Question 2 of 10

India signalled intent to buy how much US goods?

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Answer: (B) $500 billion

Terms: India agreed to cut tariffs on US industrial and many farm goods and signalled intent to buy $500 billion of US goods.From Book 1 RATNA, topic 073, point 2

Question 3 of 10

Who held talks with EAM Jaishankar in Mumbai on 20 October 2026?

Show answer

Answer: (B) Marco Rubio

Current Head: Marco Rubio, US Secretary of State, and EAM S. Jaishankar held talks in Mumbai on 20 October 2026.From Book 1 RATNA, topic 073, point 3

Question 4 of 10

Which of the statements is/are correct? 1. Section 301 probes target excess capacity and forced labour. 2. India says its law meets ILO standards.

Show answer

Answer: (B) Both 1 and 2

Key Term: Section 301 probes target excess capacity and forced labour; India says its law meets ILO standards.From Book 1 RATNA, topic 073, point 4

Question 5 of 10

By what margin did the Supreme Court rule on 20 February 2026 that IEEPA authorises no tariffs?

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Answer: (B) 6-3

Data: The Supreme Court ruled 6-3 on 20 February 2026 in Learning Resources v. Trump that IEEPA authorises no tariffs.From Book 1 RATNA, topic 073, point 5

Question 6 of 10

Which of the statements is/are correct? 1. A temporary global Section 122 tariff of 10 per cent followed from 24 February 2026. 2. The temporary tariff was 25 per cent.

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Answer: (A) Only 1

Stakeholders: A temporary global Section 122 tariff of 10% followed from 24 February 2026.From Book 1 RATNA, topic 073, point 6

Question 7 of 10

Learning Resources v. Trump was decided by a court sitting in which city?

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Answer: (D) Washington, D.C.

Venue: The ruling came from the US Supreme Court, Washington, D.C.From Book 1 RATNA, topic 073, point 8

Question 8 of 10

In which year was IEEPA enacted?

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Answer: (C) 1977

Founded: IEEPA, the International Emergency Economic Powers Act, dates from 1977.From Book 1 RATNA, topic 073, point 9

Question 9 of 10

Learning Resources v. Trump held that 'regulate importation' excludes which power?

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Answer: (A) Taxing power

Landmark: Learning Resources v. Trump (2026) vacated IEEPA tariffs; 'regulate importation' excludes taxing power.From Book 1 RATNA, topic 073, point 10

Question 10 of 10

Under Article I, Section 8 of the US Constitution, who holds the power to lay duties?

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Answer: (D) Congress

Doctrine: Under Article I, Section 8 of the US Constitution, Congress, not the President, holds the power to lay duties.From Book 1 RATNA, topic 073, point 12

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