New Delhi, March 7 -- US President Donald Trump has been relentless in his pursuit of a tariff overhaul ever since assuming office in January. After making Mexico, China, and Canada his first victims (even though he paused some of the moves for a limited time), and threatening 25% tariffs on all steel and aluminium imports, he then announced his intention to introduce reciprocal tariffs on US's imports from other countries, including India. Highlighting the "high" tariffs from nations like Brazil, India, and China, he stated that his reciprocal tariff plan would be implemented starting 2 April.

The US has consistently been India's biggest trade partner, with a 17.7% share in its total exports in FY24. However, India is one of many source...