India eyes tariff cuts on $23 billion of U.S. imports to shield $66 billion in exports, Reuters reports

Donald Trump’s reciprocal tariffs will enter into force on April 2 and many countries are already devising measures to mitigate or even nullify their effect. One of them is India. According to Reuters, the Narendra Modi government is evaluating reducing tariffs for more than half of products coming from the United States. Read more]]>

India eyes tariff cut on $23 billion of U.S. imports, to shield $66 billion in exports, say sources

India considers cutting tariffs on $23 billion of U.S. imports to avoid reciprocal tariffs, aiming to resolve trade standoff.

India eyes tariff cuts on $23B of US imports to avoid Trump’s reciprocal taxes: report

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.

India open to tariff cuts on more than half of US imports to shield exports, sources say

Delhi wants to mitigate the impact of US President Donald Trump’s reciprocal worldwide tariffs set to take effect from April 2

Negotiations in progress in New Delhi. Modi wants to cancel the digital tax on big tech and lower the barrier to entry for products made in the USA

India Considers Massive Cut On Tariffs Of U.S. Goods To Avoid Trump’s Reciprocal Tariffs

India Prime Minister Narendra Modi is reportedly weighing cutting tariffs on the tens of billions of dollars worth of U.S. goods that come into his country every year in an effort to stave off President Donald Trump’s reciprocal tariffs that are set to go into place next month. Reuters reported that India was considering cutting tariffs on “more than half of U.S. imports worth $23 billion.” Under the country’s current tariffs, 55% of goods from …