Trump tariffs: The Ministry of the Union Ministry analyzes the impact of 26 % of mutual tariffs or import obligations deposited US on India, said a higher government official on Thursday, the PTI press agency said.
According to an official quoted by the news agency, 10 % of the tariffs for all imports to the US will enter into force of the universal 10 % of tariffs for all imports from 5 April and the remaining 16 percent since April 10.
“The Ministry analyzes the impact of the announced tariffs,” the official said, adding that there is a provision that if the country was dealing with the US concerns, Trump’s administration may consider a reduction in obligations against this nation.
India is already negotiating a bilateral trade agreement with the US. Both countries are trying to complete the first phase of the Pact in the autumn (September-October) this year.
Mixed bag
“It’s a mixed bag and not a failure for India,” the clerk said.
Donald Trump introduced high tariffs charged by India from American products by announcing mutual tariffs to countries across the album and declared 26 % of the “discounted” mutual tariff to India.
“It is the day of liberation, the long -awaited moment. April 2, 2025 will be remembered forever, because the American industry Day was reborn, the day of American fate was recovered and on the day we started to release America.
It’s a mixed bag and not for India.
When he announced tariffs, he raised a chart that showed tariffs that countries such as India, China, Great Britain and accusations of the European Union along with the mutual tariffs that these countries will now have to pay.
The graph indicated that India charged 52 % of tariffs, including the manipulation of currency and business barriers, and America would now charge India with a discounted 26 % tariff.
“India, very, very hard. Very, very hard. The Prime Minister has just left. He’s my great friend, but I said you were my friend, but you don’t treat us correctly. They charge us 52 percent …” he said.
(Tagstotranslate) Trump’s tariffs (T) USA trade
