Bengaluru, April 5 -- The Trump administration has introduced a 26 percent reciprocal tariff on all imports from India, effective April 9, 2025, with exceptions for sectors such as pharmaceuticals and energy.

This action is part of U.S. President Donald Trump's broader trade strategy aimed at correcting perceived global trade imbalances and imposing higher tariffs on countries that impose significant barriers to U.S. exports. India was specifically targeted due to its 52 percent tariff on goods imported from the U.S.

Price Action The shares of Waaree Energies Ltd, with a total market capitalization of Rs 62,087.64 crore on Friday, closed at Rs 2161.20 per share, which was 3.3 percent lower than the previous closing price of Rs 2,234.9 ...