US EditionExperts warn Trump’s tariffs could severely impact THESE export sectors in India
- The Commerce Ministry of India is analyzing the impact of 26 percent reciprocal tariffs imposed by the US on India, as stated by a senior government official.
- The US will implement a universal 10 percent tariff on all imports from April 5 and an additional 16 percent on April 10, according to the official.
- A senior government official described the tariff announcement as a 'mixed bag' for India, while ongoing trade negotiations continue.
- India and the US are negotiating a bilateral trade agreement, aiming to finalize the first phase by fall this year.
21 Articles
21 Articles
Modi govt analysing impact of Trump's 26 per cent reciprocal tariff on India: 'It's mixed bag, not setback'
Hours after US President Donald Trump announced 26 per cent reciprocal tariffs on India, a senior government official said that the commerce ministry is analysing its impact. As per the official, the universal 10 per cent tariff on all imports entering the US will be enforced from April 5, while an additional 16 per cent will take effect from April 10, bringing the total to 26 per cent. "The ministry is analysing the impact of the announced tari…
NDTV
Thelocalreport.in"Mixed Bag, Not Setback": Centre Analysing Impact Of Trump Tariffs
The commerce ministry is analysing the impact of 26 per cent reciprocal tariffs or import duties imposed by the US on India, a senior government official said on Thursday. According to the official, the universal 10 per cent tariffs will come into effect on all imports into the US from April 5 and the remaining 16 per cent from April 10. "The ministry is analysing the impact of the announced tariffs," the official said, adding there is a provisi…
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