US May Remove 25% Penal Tariff On India After November 30: Top Official

India expects breakthrough on additional 25% US tariffs within two months, says CEA Nageswaran

Chief Economic Adviser V Anantha Nageswaran on Thursday expressed optimism that the penal tariff imposed on certain imports will likely be withdrawn after November 30, signalling a potential easing of trade restrictions amid ongoing economic discussions.

US may scrap 25% penal duty on India, cut reciprocal tariffs to 10–15%: CEA

Chief Economic Adviser V. Anantha Nageswaran indicated that the US reciprocal tariff on Indian goods, currently at 25%, may be reduced to 10–15%.

US May Remove 25% Penal Tariff On India After November 30: Top Official

Chief Economic Adviser (CEA) V Anantha Nageswaran on Thursday expressed optimism that the penal tariff imposed on certain imports will likely be withdrawn after November 30, signalling a potential easing of trade restrictions.

India-US Tariff War: Trump's tariff bomb may be over, America may give relief to India

India-US Tariff War: The long-awaited moment for India now appears to be coming soon. The process of lifting the heavy tariffs imposed by the US on India may begin. On Thursday, India's Chief Economic Advisor (CEA) V. Ananth Nageswaran said at an event organized by the Merchants' Chamber of Commerce and Industry (MCCI) in Kolkata that the US could lift tariffs of up to 50 percent on some products imported from India within the next few weeks or …

India expects resolution of U.S. tariff dispute within two months, says CEA – The Indian Awaaz

Last Updated on September 18, 2025 6:21 pm by INDIAN AWAAZ R. Suryamurthy India’s Chief Economic Adviser V. Anantha Nageswaran on Thursday said he expected the tariff standoff with the United States to be resolved within the next two months, signalling relief for exporters hit by Washington’s steep duty hikes. Speaking at an event hosted […]