🇺🇸 Possible U.S. Tariff Relief for India; U.S. Proposes New Auto Parts Tariffs; Supreme Court to Review Trump Tariff Case; 67 Containers Lost Overboard at Long Beach

Overview

①Sept. 18 (U.S. time): India’s Chief Economic Advisor said the U.S. may ease punitive tariffs on Indian goods.

②Sept. 16: The U.S. Commerce Department said it is considering additional tariffs on imported auto parts on national security grounds.

③Sept. 16: The U.S. Supreme Court will hear arguments on Nov. 5, 2025, regarding the legality of Trump’s global tariffs.

④Sept. 9: A major container collapse occurred at the Port of Long Beach, with about 67 containers falling into the ocean.

U.S. May Ease Punitive Tariffs on Indian Goods

India’s Chief Economic Advisor stated that the United States may partially roll back the 25% punitive tariffs imposed on Indian products.

Anantha Nageswaran said at an event in Kolkata on Thursday:

“I personally am confident that within the next few months — if not sooner — we will see at least a partial rollback of the 25% punitive tariffs.”

He added that the current 25% reciprocal tariff rate could potentially be reduced to around 10–15%.

India described Tuesday’s trade talks with the U.S. as “positive” and “forward-looking,” signaling progress.

The U.S. imposed the 25% punitive tariff on India starting August 27, as part of sanctions over India’s purchases of Russian oil.
This move effectively doubled the overall tariff rate between the two countries to 50%.

U.S. Considering New Tariffs on Additional Auto Parts

On September 16, the U.S. Commerce Department announced it will review industry requests in the coming weeks to impose additional tariffs on imported auto parts deemed to impact national security.

The Commerce Department said U.S.-based automakers, auto parts manufacturers, or industry associations may request tariffs on additional components tied to national security concerns.

Earlier in May, Trump imposed a 25% tariff on more than $460 billion worth of annual auto and auto parts imports, though some of those tariffs have since been reduced through agreements with certain countries.

Last month, the Commerce Department added as many as 407 new categories of steel and aluminum products to the tariff list — with rates up to 50% — including a wide range of auto components, amounting to approximately $240 billion in annual imports.

These items include:
• Exhaust systems
• Electrical steel used in EVs
• Bus components

U.S. Supreme Court to Review Legality of Trump’s Global Tariffs

The U.S. Supreme Court will hear a major case on November 5, 2025, determining whether Trump’s global tariffs were lawful.

The Court accepted the case on September 9, following a lower court ruling that Trump exceeded his authority under the federal statute he used to justify most of the tariffs.

These tariffs were part of Trump’s renewed global trade war since returning to office in January 2025.
They strained U.S. relations with major trading partners, triggered market volatility, and heightened global economic uncertainty.

The statute in question — the International Emergency Economic Powers Act (IEEPA) — allows the President to act during conditions of “unusual and extraordinary threats.” Historically, it has been used to sanction hostile nations or freeze assets — never to impose tariffs prior to Trump.

We will continue tracking developments.

Long Beach Port Accident: 67 Containers Overboard

Time: Around 9:00 a.m., September 9, 2025 (local time)
Location: Pier G, ITS Terminal, Port of Long Beach
Vessel: “Mississippi” (ZIM), Portugal-flagged
Route: Departed Yantian, China → stop in Vietnam → arrived at Long Beach
Incident Summary: Approximately 67 containers fell overboard; 32 have been recovered so far.

✓ Preliminary Cause

Dockworker error has been largely ruled out. Some workers suggested the issue may be tied to a vessel stability imbalance. The investigation is ongoing.

✓ Follow-up Actions

 -  As of September 16:

 -  32 containers have been retrieved.

 -  Remaining containers on deck have been secured.

 -  Other areas of Pier G have resumed normal operations.

 -  The location of submerged containers has been identified using sonar.

 -  Recovery operations remain underway.

 -  The Unified Command continues directing salvage and investigation efforts, though no final report has been released.

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