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US suspends additional 26% tariff on India for 90 days after Donald Trump pauses reciprocal tariffs

  • On April 2, 2025, US President Trump paused reciprocal tariffs, impacting global markets.
  • Recent developments in US trade policy under President Trump caused global market fluctuations.
  • The pause on tariffs provided relief, yet sectors like seafood and pharmaceuticals still faced challenges.
  • Trump's move included duties of 26% on India; however, the US then suspended tariffs for 90 days, until July 9.
  • Amid trade tensions, India is attempting to fast-track trade negotiations with Washington to safeguard interests.
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444.hu broke the news in Hungary on Wednesday, April 9, 2025.
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