New Delhi, April 3 -- As United States President Donald Trump's reciprocal tariffs on India kicked in from Wednesday, April 2, New Delhi said that it was studying the changes in America's new trade policy and see if any opportunities could arise for the country. In a statement, the Ministry of Commerce said that it is carefully examining the implications of the various measures and announcements made by the US administration.

"The US President issued an Executive Order on Reciprocal Tariffs imposing additional ad-valorem duties ranging from 10% to 50% on imports from all trading partners. The baseline duty of 10% will be effective from April 05, 2025, and the remaining country-specific additional ad valorem duty will be effective from Ap...