New Delhi, April 11 -- The United States has suspended additional tariffs on Indian goods for a period of 90 days, until July 9, 2025, as per an executive order issued by President Donald Trump.
The move temporarily halts a 26 per cent import duty imposed on Indian exports under the April 2 Executive Order 14257, which had introduced steep reciprocal tariffs aimed at reducing the US trade deficit.
The temporary relief, however, excludes China, Hong Kong, and Macau. A baseline 10 per cent tariff will continue to apply to all countries, including India.
The decision brings relief to Indian exporters of shrimp, steel, and other goods. The Federation of Indian Export Organisations (FIEO) welcomed the move, noting it gives time for ongoing ...
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