Trump announces reciprocal tariffs on India to start from April 2
2 weeks, 2 days ago

Trump announces reciprocal tariffs on India to start from April 2

New Indian Express  

NEW DELHI: President Donald Trump announced reciprocal tariffs on India starting April 2, signaling a tough path ahead in the Free Trade Agreement negotiations, which could clash with these sweeping tariffs. In his first address of his second term to a joint session of Congress, President Trump defended his strict tariff policies, highlighting that the US has long faced high tariffs from several countries, including India. He announced that his administration would impose reciprocal tariffs on several countries starting April 2. Trump had previously referred to India as a "tariff king" and highlighted the auto sector, saying that India imposes tariffs of over 100 percent.

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History of this topic

EU delays retaliatory trade action to mid-April to work out the impact of Trump’s reciprocal tariffs
Trending News
16 hours, 47 minutes ago

EU delays retaliatory trade action to mid-April to work out the impact of Trump’s reciprocal tariffs

Associated Press  

BRUSSELS — The European Union is delaying until mid-April its retaliatory trade action over the Trump administration’s increase in tariffs on all steel and aluminum imports to 25%, senior officials said Thursday. But U.S. President Donald Trump also plans to impose “reciprocal” tariffs by increasing U.S. duties to match the tax rates that other countries charge on imports “for purposes …

I believe India will cut tariffs substantially on U.S. goods, says Trump
Trending News
22 hours, 46 minutes ago

I believe India will cut tariffs substantially on U.S. goods, says Trump

The Hindu  

U.S. President Donald Trump has said that he believes India will lower its tariffs on American goods, even as he reiterated his threat to impose reciprocal tariffs on the country starting April 2. Asked about his summit with Prime Minister Narendra Modi last month, Mr. Trump said he has a “very good relationship” with India. probably going to be lowering …

Donald Trump expects India to cut tariffs on US products, but ‘will charge them same tariffs from April 2’
1 day, 10 hours ago

Donald Trump expects India to cut tariffs on US products, but ‘will charge them same tariffs from April 2’

Hindustan Times  

US President Donald Trump, in an interview with Breitbart News on Wednesday, said he believes India would reduce tariffs on American goods, news agency Reuters reported. During Prime Minister Narendra Modi's visit to Washington last month, India and the U.S. pledged to more than double their bilateral trade to USD 500 billion by 2030. India, US commit to doubling two-way …

Countries can avoid Trump's April tariffs by cutting trade barriers, Bessent says
1 day, 23 hours ago

Countries can avoid Trump's April tariffs by cutting trade barriers, Bessent says

The Hindu  

The Trump administration on April 2 will give trading partner countries a proposed U.S. tariff rate based on their own rates, non-tariff trade barriers and other factors— along with an opportunity to negotiate to avoid a "tariff wall," U.S. Treasury Secretary Scott Bessent said on Tuesday. "On April 2, each country will receive a number that we believe represents their …

Explained: How India can shield itself from Donald Trump's tariff storm
3 days, 16 hours ago

Explained: How India can shield itself from Donald Trump's tariff storm

India Today  

A second term for Donald Trump as US President was always expected to shake up the global order, but few anticipated the trade war drums would start beating this soon. "Given that President Donald Trump has been using higher reciprocal policy as an instrument of state policy, shielding India from incessant trade wars in this increasingly VUCA world is uneasy," …

India and US move forward with bilateral trade agreement, but no talks on reciprocal tariffs
4 days ago

India and US move forward with bilateral trade agreement, but no talks on reciprocal tariffs

Live Mint  

New Delhi: India is focusing its US engagement on a trade deal rather than Washington's contentious plans to impose reciprocal tariffs. According to three senior government officials, India is not engaging with the US on reciprocal tariffs; instead, discussions remain centered on shaping a proposed Bilateral Trade Agreement. India's focus on the bilateral trade agreement comes amid a lack of …

India’s exports may face 3-3.5% hit from US tariffs, but trade diversification may cushion impact: SBI Research
Trending News
4 days, 1 hour ago

India’s exports may face 3-3.5% hit from US tariffs, but trade diversification may cushion impact: SBI Research

Live Mint  

New Delhi: India’s exports to the US could decline by 3-3.5% if Washington implements reciprocal tariffs next month, but this may be offset by ambitious targets in manufacturing and services, along with efforts to diversify exports, SBI Research said in a report on Monday. New Delhi also must boost value addition, tap new markets, and establish alternative trade routes from …

Trump’s tariff threat’s impact on India’s agriculture trade
Trending News
4 days, 3 hours ago

Trump’s tariff threat’s impact on India’s agriculture trade

Hindustan Times  

The recent proposal by United States President Donald Trump to impose reciprocal tariffs is aimed at addressing the increasing US trade deficit and aligns with the broader America First policy. India imposes significantly higher tariffs than the US, particularly in agriculture where it imposes a simple average tariff of 39% and a trade-weighted tariff of 65%, compared to the US’s …

India to gain in an uncertain world of tariffs, says SBI report
4 days, 6 hours ago

India to gain in an uncertain world of tariffs, says SBI report

The Hindu  

As tariff action by U.S. President Donald Trump looms large, the State Bank of India in a special report said that India however would stand to gain in an increasingly uncertain world of tariffs. Long trends indicate a possible downturn in U.S. economy GDP growth along with a slowdown in U.S. exports and consumption,” SBI said in the report. “We …

Donald Trump adamant on April 2 reciprocal tariff plan, vows ‘liberating day for US’
4 days, 10 hours ago

Donald Trump adamant on April 2 reciprocal tariff plan, vows ‘liberating day for US’

Hindustan Times  

Donald Trump said on Sunday that he has no intention to create exemptions on steel and aluminium tariffs and said that reciprocal tariffs on US trade partners will be imposed on April 2 alongside sectoral tariffs. Reciprocal tariffs would mean that the Trump administration would impose tariff rates on imports into the US based a calculation incorporating tariff and non-tariff …

Will Trump's reciprocal tariffs hit India hard? Here's all you need to know
4 days, 16 hours ago

Will Trump's reciprocal tariffs hit India hard? Here's all you need to know

India Today  

The US is set to impose reciprocal tariffs from April 2, which means some Indian exports are set to face higher import duties. According to the report, US tariffs mayonly lead to a 3-3.5% decline in exports, and India’s growing exports in manufacturing and services will negate the impact of reciprocal tariffs. SBI Research pointed out that India has diversified …

Trade, tariff, traffic & Trump | Choppy trade waters
5 days, 6 hours ago

Trade, tariff, traffic & Trump | Choppy trade waters

India Today  

With the sword of reciprocal tariffs hanging over its head, India lost no time in trying to seal a trade deal with the United States that aims to increase bilateral trade from $200 billion at present to $500 billion by the turn of the decade. But neither that deal nor India’s decision to lower tariffs on some US imports like …

How Trump’s tariffs can be opportunity in crisis for India
Trending News
6 days, 6 hours ago

How Trump’s tariffs can be opportunity in crisis for India

Firstpost  

While Trump’s tariffs aren’t designed to help India, they may inadvertently provide the external catalyst needed for India’s economic transformation. India’s Historical Inward Focus India has a robust domestic market, which accounts for approximately 60 per cent of its GDP. The result was a 10-18 per cent cost disability in assembly and manufacturing compared to Southeast Asian rivals, leaving India’s …

What are the implications of Trump’s threat to ‘mirror’ India’s tariffs? | In Focus podcast
1 week ago

What are the implications of Trump’s threat to ‘mirror’ India’s tariffs? | In Focus podcast

The Hindu  

The United States is India’s biggest trading partner. In 2023, the U.S.-India bilateral trade in goods and services stood at $190.08 billion -- $123.89 billion in goods and $66.19 billion in services trade. American exports into India also face a higher rate of tariffs than India’s exports to the US. Now President Donald Trump has said that the US will …

Trump’s tariff war: Who’s fighting back, who’s not? What about India?
1 week, 1 day ago

Trump’s tariff war: Who’s fighting back, who’s not? What about India?

Firstpost  

US President Donald Trump has imposed sweeping tariffs, including a 25 per cent levy on steel and aluminium imports and a 25 per cent tariff on goods from Mexico and Canada, with limited exemptions. Trump’s tariffs on Canada and Mexico On March 4, the Trump administration imposed a 25 per cent import tariff on goods from Canada and Mexico, with …

US Flags High Tariff By India On American Alcohol, Agricultural Goods: 'Not Helping...'
Trending News
1 week, 2 days ago

US Flags High Tariff By India On American Alcohol, Agricultural Goods: 'Not Helping...'

ABP News  

The White House once again highlighted the high tariffs imposed by India on several American products, including alcohol and agricultural goods. The reference to the high tariff imposed by India was made by White House Press Secretary Karoline Leavitt during a briefing on Tuesday while responding to a question on Canada. India 'Very High Tariff Nation': Trump Earlier, Trump had …

India, US working on removing trade barriers: MoS
Trending News
1 week, 2 days ago

India, US working on removing trade barriers: MoS

Hindustan Times  

India and the US will focus on increasing market access for each other, reducing tariff and non-tariff barriers, and enhancing supply chain integration, minister of state for commerce Jitin Prasada told the Lok Sabha on Tuesday after an Indian ministerial delegation concluded the week-long America visit, as the two sides work on a Bilateral Trade Agreement which they hope to …

Negotiations Still On, No Agreement On Trade Tariffs: Govt On Donald Trump's Tariff Cut Claim
1 week, 3 days ago

Negotiations Still On, No Agreement On Trade Tariffs: Govt On Donald Trump's Tariff Cut Claim

ABP News  

The centre has said that India has made no commitments on trade tariffs and negotiations are still on between India and the US. The response from the Commerce Secretary Sunil Barthwal comes as US President Donald Trump recently claimed that India has agreed to reduce its tariffs way down. Barthwal while briefing the Parliamentary Committee on External Affairs on Monday …

On US reciprocal tariffs on India, Centre's updates in Parliament
1 week, 3 days ago

On US reciprocal tariffs on India, Centre's updates in Parliament

Hindustan Times  

The Centre on Tuesday informed Parliament that as of date, the United States has not imposed reciprocal tariffs on India. The clarification comes days after US President Donald Trump criticised the high tariffs charged by India and other countries, terming them as “very unfair” and announced reciprocal tariffs from April 2 on nations that impose levies on American goods. In …

India & US negotiating mutually beneficial trade agreement, govt tells parliament
1 week, 3 days ago

India & US negotiating mutually beneficial trade agreement, govt tells parliament

Firstpost  

As US President Donald Trump is pursuing a tariff war, India and the United States are negotiating a mutually beneficial trade agreement, according to the Narendra Modi government Prime Minister Narendra Modi and US President Donald Trump at the White House. In a written response to a question, Union Minister of State for Commerce and Industry Jitin Prasada told the …

India-US Trade Deal Expected To Finalise By Fall 2025, Says Morgan Stanley
1 week, 3 days ago

India-US Trade Deal Expected To Finalise By Fall 2025, Says Morgan Stanley

ABP News  

A trade deal between India and the US would likely take some time but will materialise by the fall 2025, according to a Morgan Stanley report released on Tuesday. According to the report, while India can eventually reach a trade deal with the US, it would be relatively more challenging given the multiple bilateral trade issues. The report underscored that …

Mint Primer: Can a ‘zero-for-zero’ approach thwart reciprocal tariffs?
1 week, 3 days ago

Mint Primer: Can a ‘zero-for-zero’ approach thwart reciprocal tariffs?

Live Mint  

A ‘zero-for-zero’ tariff approach is being touted as the best way for India to deal with US President Donald Trump’s proposed reciprocal tariffs. Any bilateral trade agreement will take time to be negotiated, and it is unlikely to thwart the reciprocal tariffs that the US government has threatened to levy. Global Trade Research Initiative, a think tank that mooted the …

India, US to increase market access, reduce tariff, non-tariff barriers: Centre tells Parliament
1 week, 3 days ago

India, US to increase market access, reduce tariff, non-tariff barriers: Centre tells Parliament

New Indian Express  

NEW DELHI: India and the US are planning to negotiate a trade agreement and both countries will focus on increasing market access, reducing import duty and non-tariff barriers, and enhancing supply chain integration, Parliament was informed on Tuesday. In a written reply to the Lok Sabha, Minister of State for Commerce and Industry Jitin Prasada said that as of date, …

New Delhi counters Trump's 'India cutting tariffs way down' claim, says 'no commitments'
1 week, 3 days ago

New Delhi counters Trump's 'India cutting tariffs way down' claim, says 'no commitments'

New Indian Express  

NEW DELHI: India says it has not committed to slashing import duties on US products, days after President Donald Trump announced that New Delhi had agreed to "cut their tariffs way down." He has also blamed all trading partners of "unfair" practices, and has announced reciprocal tariffs on many countries, including India, to begin from next month on April 2. …

Indian IT firms need to invest in more US-based services to avoid tariffs: industry experts
1 week, 3 days ago

Indian IT firms need to invest in more US-based services to avoid tariffs: industry experts

New Indian Express  

BENGALURU: With concerns growing about the effects of US President Donald Trump's proposed tariffs, experts say the IT services industry is not an exception as the US is always a major destination, and that they need to invest in more US-based services in order to avoid tariffs. According to them, significant tariffs placed on services could significantly disrupt the IT …

India, US to focus on increasing market access, reducing tariff, non-tariff barriers: Centre tells Parliament
Trending News
1 week, 3 days ago

India, US to focus on increasing market access, reducing tariff, non-tariff barriers: Centre tells Parliament

New Indian Express  

NEW DELHI: India and the US are planning to negotiate a trade agreement and both countries will focus on increasing market access, reducing import duty and non-tariff barriers, and enhancing supply chain integration, Parliament was informed on Tuesday. In a written reply to the Lok Sabha, Minister of State for Commerce and Industry Jitin Prasada said that as of date, …

Trump has begun another trade war. Here’s a timeline of how we got here
1 week, 3 days ago

Trump has begun another trade war. Here’s a timeline of how we got here

Associated Press  

NEW YORK — Long-threatened tariffs from U.S. President Donald Trump have plunged the country into a trade war abroad — all while on-again, off-again new levies continue to escalate uncertainty. Share Share Facebook Copy Link copied Print Email X LinkedIn Bluesky Flipboard Pinterest Reddit Trump launches a trade war during his first term in office — taking particular aim at …

Trade war: How best to brace for the return of ‘beggar thy neighbour’ policies
1 week, 4 days ago

Trade war: How best to brace for the return of ‘beggar thy neighbour’ policies

Live Mint  

The word ‘tariff’ traces its origin to the Arabic word ‘ arrafa,’ meaning notify. That’s because in an inter-dependent world, higher tariffs attract retaliatory levies and in an overall sense restrict trade among nations. The ‘almost fully free-trade world’ of the last 40-50 years functioned reasonably well with low levels of tariffs across the board. Imposing tariffs on Mexico and …

Donald Trump’s tariffs threats could be good for India, says ex-RBI deputy
Trending News
1 week, 4 days ago

Donald Trump’s tariffs threats could be good for India, says ex-RBI deputy

Live Mint  

Viral Acharya, former deputy governor of Reserve Bank of India said that US President Donald Trump's threats to hike tariffs could strengthen India's economy. How India benefits Acharya said large Indian firms that had benefitted from the protectionist measures will initially lose some value, but the economy will benefit overall. Competition from foreign firms Opening the economy to foreign firms …

Tariffs should be tapered off after building globally competitive domestic businesses: Niti Aayog member
Trending News
1 week, 5 days ago

Tariffs should be tapered off after building globally competitive domestic businesses: Niti Aayog member

Live Mint  

New Delhi: Tariffs aimed at protecting domestic industries from foreign competition have to be gradually tapered off as these industries learn to stand on their feet, Niti Aayog member Arvind Virmani said. According to the former chief economic advisor in the finance ministry, tariffs are effective only if they help in building globally competitive domestic businesses. In India, the thinking …

‘Trump has made tariffs household name’ says Congress leader Jairam Ramesh
1 week, 5 days ago

‘Trump has made tariffs household name’ says Congress leader Jairam Ramesh

Hindustan Times  

Congress general secretary Jairam Ramesh on Sunday stated that US President Trump had made tariffs a household name across the world. Donald Trump has announced that he will be imposing reciprocal tariffs against countries that charge high duties on US imports Donald Trump recently claimed that India had agreed to reduce tariffs levied against US imports after slamming the country …

How India should respond to Trump’s tariff threats
Trending News
1 week, 5 days ago

How India should respond to Trump’s tariff threats

Firstpost  

History shows that merely accommodating US demands, that too especially under the Trump administration, without clear reciprocity is often misinterpreted as weakness; India’s response should neither be reactionary nor submissive US President Donald Trump and Indian Prime Minister Narendra Modi shake hands as they attend a joint press conference at the White House in Washington, DC, US, on February 13, …

India, E.U. to hold next round of FTA talks from March 10 amid Trump tariff threats
1 week, 5 days ago

India, E.U. to hold next round of FTA talks from March 10 amid Trump tariff threats

The Hindu  

India and the 27-nation European Union bloc will start the tenth round of negotiations for a proposed free trade agreement from Monday in Brussels amid Trump tariff threats, according to an official. According to the think tank Global Trade Research Initiative, key sticking points include agricultural tariffs, especially on dairy and wine import duties, automobile tariffs, and regulatory barriers affecting …

India’s US tariff cut down not an ‘extraordinary step’, similar deals done with THESE countries
1 week, 5 days ago

India’s US tariff cut down not an ‘extraordinary step’, similar deals done with THESE countries

Live Mint  

India agreeing to cut its tariffs is not an “extraordinary step", a government source told News 18 on Saturday. 'India agreed to cut tariffs way down' US President Donald Trump said in Saturday that India has agreed to cut its tariffs “way down” as he reiterated his claim that the country charges America massive tariffs that make it difficult to …

Trump’s tariff plan will ruin India: Congress slams Modi government's 'disastrous' trade policy
1 week, 5 days ago

Trump’s tariff plan will ruin India: Congress slams Modi government's 'disastrous' trade policy

New Indian Express  

NEW DELHI: A day after US President Donald Trump claimed India had agreed to cut their tariffs, Congress launched a blistering attack on the Modi government and sought to know if the Centre had surrendered the country’s interests before the US. On Friday, Trump said India has agreed to cut its tariffs “way down”, as he reiterated his claim that …

India, US trade talks focus on tariffs, market access, and sensitive sectors
Trending News
1 week, 5 days ago

India, US trade talks focus on tariffs, market access, and sensitive sectors

New Indian Express  

NEW DELHI: As India and the US begin trade talks, New Delhi has conveyed that it has been reducing applied tariffs in agreements with developed countries, while emphasising a “mutually beneficial” approach and “sensitive handling of sectors like agriculture”, a key focus of the Trump administration in seeking greater market access. Reducing “average applied tariff significantly” has been a key …

India's tariff cuts align with past trade pacts, not Trump pressure: Sources
1 week, 5 days ago

India's tariff cuts align with past trade pacts, not Trump pressure: Sources

India Today  

With less than a month to go for US President Donald Trump's April 2 deadline to impose reciprocal tariffs on India, highly-placed sources have defended New Delhi's move to significantly reduce tariffs as part of the country's broader efforts to advance trade ties with developed nations via bilateral agreements. The US is India's largest trading partner, with bilateral trade reaching …

Take Parliament into confidence: Congress to PM Modi on Trump's India cutting trade tariff claim
Trending News
1 week, 6 days ago

Take Parliament into confidence: Congress to PM Modi on Trump's India cutting trade tariff claim

The Hindu  

The Congress on Saturday asked Prime Minister Narendra Modi to take Parliament into confidence on U.S. President Donald Trump's claims that India has agreed to cut its tariffs. Donald Trump says India has agreed to cut tariffs way down "Commerce Minister Piyush Goyal is in Washington DC to talk trade with the Americans. Meanwhile, President Trump says this.," he said …

Trump says India has been ‘exposed for what they have done’ as he attacks India’s tariffs again
Top News
1 week, 6 days ago

Trump says India has been ‘exposed for what they have done’ as he attacks India’s tariffs again

The Hindu  

U.S. President Donald Trump on Thursday attacked India’s tariffs regime, saying it is next to impossible to sell anything to India because of the “high tariffs.” Speaking to reporters, Mr. Trump focused on the tariffs his administration will be putting in effect soon. However, Mr. Trump also revealed that India has agreed to slash its tariffs significantly, allegedly because “somebody …

Take Parliament into confidence: Congress to PM after Trump's India 'cutting tariffs way down' claim
Top News
1 week, 6 days ago

Take Parliament into confidence: Congress to PM after Trump's India 'cutting tariffs way down' claim

New Indian Express  

The Congress on Saturday asked Prime Minister Narendra Modi to take Parliament into confidence on US President Donald Trump's claims that India has agreed to cut its tariffs. Meanwhile, President Trump says this.," he said in a post on X, tagging a video of the US president speaking on trade tariffs. US President Donald Trump said India has agreed to …

US President Donald Trump claims India has agreed to cut tariffs ‘way down’
Top News
1 week, 6 days ago

US President Donald Trump claims India has agreed to cut tariffs ‘way down’

Live Mint  

US President Donald Trump claimed on Friday that India has agreed to significantly cut down tariffs on American imports. This announcement follows Trump’s earlier declaration that reciprocal tariffs would be imposed on India starting April 2, in response to what he described as “unfair” trade policies towards the United States. Ongoing trade talks with India Trump's comments come at a …

‘Somebody is finally exposing them:’ Trump says India agreed to cut tariffs ‘way down’
1 week, 6 days ago

‘Somebody is finally exposing them:’ Trump says India agreed to cut tariffs ‘way down’

Firstpost  

Notably, India’s Commerce Minister Piyush Goyal is visiting Washington these days to resolve trade issues and hold negotiations with his American counterpart Howard Lutnick US President Donald Trump said Friday India that had agreed to lower tariffs because “somebody is finally exposing them”. You can't even sell anything in India.They have agreed, by the way; they want to cut their …

US President Trump Says India Has Agreed To Cut Tariffs: 'Exposed Them For What They Have Done'
Top News
1 week, 6 days ago

US President Trump Says India Has Agreed To Cut Tariffs: 'Exposed Them For What They Have Done'

ABP News  

US President Donald Trump said on Friday that India has agreed to cut their tariffs "way down" after he earlier said that the country was a "very high tariff nation." India-US Trade Agreement Trump's remark came hours after a spokesperson for the Ministry of External Affairs, Randhir Jaiswal said the proposed India-US trade agreement seeks to lower tariff, and non-tariff …

Trump claims India has agreed to cut tariffs: ‘Somebody is finally exposing them’
1 week, 6 days ago

Trump claims India has agreed to cut tariffs: ‘Somebody is finally exposing them’

Hindustan Times  

US President Donald Trump on Friday said that India has agreed to cut tariffs significantly because he is finally exposing New Delhi for imposing ‘massive tariffs’ on American imports. MEA says US deal can ‘boost trade’ The ministry of external affairs spokesperson Randhir Jaiswal said on Saturday that the planned Bilateral Trade Agreement with the US can potentially boost bilateral …

Centre puts focus on bilateral trade talks, not reciprocal tariffs by U.S.
1 week, 6 days ago

Centre puts focus on bilateral trade talks, not reciprocal tariffs by U.S.

The Hindu  

Indian officials are focussed on the progress in the bilateral trade agreement talks with the United States, said Ministry of External Affairs spokesperson Randhir Jaiswal on Friday, sidestepping questions on whether the recent flurry of remarks by U.S. President Donald Trump on “reciprocal tariffs” to be imposed from April 2 were a setback to ties. “The big one will be …

Trump’s tariff war | Is India prepared to deal with it?
2 weeks ago

Trump’s tariff war | Is India prepared to deal with it?

The Hindu  

Trump’s tariff war | Is India prepared to deal with it? There is the USTR’s Indi brief too US Trade Representative India brief – for the US administration’s perspective 2. Trade War Containers Don’t Lie: Navigating the Bluster Lori Ann Larocco There are a few useful papers: 6. Trump’s Trade Policies Peril Global Economic Stability Script & Presentation: Suhasini Haidar …

India seeks to deepen trade ties with US by reducing tariff barriers via bilateral trade deal
2 weeks ago

India seeks to deepen trade ties with US by reducing tariff barriers via bilateral trade deal

Live Mint  

India seeks to deepen trade ties with the US by reducing tariff and non-tariff barriers through a bilateral trade deal. In line with his "America First" policy, Trump announced reciprocal tariffs on numerous trading partners and nations that impose higher levies on imports from the US starting April 2. India-US Trade Deal External Affairs Ministry spokesperson Randhir Jaiswal said that …

India, US discussed multi-sector Bilateral Trade Agreement during PM Modi's visit: MEA
2 weeks ago

India, US discussed multi-sector Bilateral Trade Agreement during PM Modi's visit: MEA

Firstpost  

Earlier this week, US President Donald Trump targeted New Delhi for imposing “very high tariffs” and announced that Washington will levy reciprocal tariffs from April 2 The Ministry of External Affairs on Friday said that India and the US discussed plans for a mutually beneficial and multi-sector Bilateral Trade Agreement during Prime Minister Narendra Modi’s visit to the country in …

In charts: What reciprocal tariff threat could mean for Indian goods
Top News
2 weeks ago

In charts: What reciprocal tariff threat could mean for Indian goods

Live Mint  

US President Donald Trump has been relentless in his pursuit of a tariff overhaul ever since assuming office in January. India, along with other emerging Asian economies like Thailand and China, has much higher tariff rates on the US, making them more vulnerable to reciprocal tariffs. If the US imposes reciprocal tariffs, India’s exports to the country could drop by …

How India is buckling up for US tariff as Donald Trump calls it ‘very high tariff nation’
Trending News
2 weeks ago

How India is buckling up for US tariff as Donald Trump calls it ‘very high tariff nation’

Live Mint  

US President Donald Trump said in his address to Congress on Tuesday that he will impose reciprocal tariffs on countries that impose levies on American goods on April 2. Trump reiterated his decision to impose reciprocal tariffs on Thursday, saying, “And the big one will be on April 2, when reciprocal tariffs, so if India or China, or any of …

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