New Delhi, April 3 -- As US President Donald Trump unleashed his global tariff war from the White House, India found itself grappling with a new regime that stopped short of full reciprocity but still posed significant trade barriers.
With Trump deciding to charge half of the tariffs a country imposes on American imports, Indian exports to the US face a 26% tariff. This is based on Trump's assertion that India levies a 52% cumulative tariff on US goods. The US is India's largest export market.
However, more trade measures are expected, as outlined in the White House fact sheet. A 10% tariff on all imports will take effect on 5 April, and starting 9 April, countries with the largest trade deficits with the US will face even higher recipr...
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