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both friend and foe alike,” Mr. Trump said while announcing the tariffs. India was slapped with a 26% “discounted reciprocal tariff”, which is half of the tariff imposed by India on U.S ...
Also Read: Trump’s tariff bombshell hits India, but some desi sectors dodge the shrapnel The US has decided to impose new tariffs of up to 26% on Indian goods, effective from April 9, 2025. What are ...
Trump referred to this as a “discounted" reciprocal tariff—essentially imposing half of what the US believes India charges on its products. The move signals an increasingly protectionist ...
He announced a 26 per cent reciprocal tariff on India—half the rate India imposes on US imports. Besides, Trump announced a 25 per cent tariff on automobile imports to the country, which is ...
President Donald Trump ... China, India and the European Union. The tariffs range between 10% and 50% and involve some of America’s biggest trading partners. “Reciprocal.
"The implementation of stacked tariffs has led to mounting confusion," Blake Harden, the Retail Industry Leaders Association's vice president of international trade tells Reuters. "Companies have not ...
Market participants have been urging Trump to reduce tariffs, as economists warn that these measures could trigger a worldwide economic downturn and push prices higher. Reciprocal tariffs on China ...
India’s exports to the US are heavily concentrated in a few key sectors, making them vulnerable to Trump’s reciprocal tariffs. Engineering and electronic goods, jewellery, and pharmaceuticals ...
India is open to slashing its tariffs on $23 billion worth of US imports as it rushes to shield itself President Trump’s reciprocal taxes, according to a report. The South Asian nation is ...
As discussions heat up around potential Trump-era tariffs making a comeback, Finance Minister Nirmala Sitharaman has assured that India is not caught off guard. At her address at the Hoover ...
US President Trump announced a 26% reciprocal tariff on India, citing high trade barriers. The move shakes global markets, impacting Indian exports, GDP, and key sectors, while analysts warn of ...
US President Donald Trump announced a 26 per cent “discounted reciprocal tariff” on India, half of the 52 per cent levies imposed by India on American goods, as he described India as “very, ...