Strict Indian regulations on chemicals, medical devices and telecommunications products make it difficult for US companies to do business in the country, the White House said in a statement of “information certificate”, emphasizing business imbalance because Donald Trump’s reciprocal tariffs entered into force.
Lighting up the object, “President Donald J. Trump declares a national emergency situation to increase our competitive advantage, protect our sovereignty and strengthen our national and economic security” that if barriers such as testing and certification requirements were removed, US exports would see an increase of $ 5.3 billion a year.
“India imposes its own uniquely burdensome and/or duplicate requirements for testing and certification in sectors such as chemicals, telecommunications products and medical devices that are made more difficult by US companies or freight, US products in India said.
What did the fact sheet about India said?
The facts of business imbalance stated that the United States imposes 2.5% on the import of passenger vehicles, while India with 70% tariff sets much higher obligations on the same product.
“For network switches and routers, the United States stores 0 %tariff, but India (10-20 %) selects higher rates,” she said, adding: “For Husk rice, the US is 2.7 %, while India (80 %) … Stores higher rates.”
“Apples enter the United States without customs duties, but not in India (50 %),” said the White House.
Trump’s tariffs in India will come into effect today
On Thursday, the United States announced 27 percent of mutual tariffs or import obligations on Indian goods that enter US markets.
Indian goods now face 25 % of steel, aluminum and cars tariff. For other products, the default value of 10 % of the tariff from 5 to 8 April, which increases to 27 % in the area 27 % from April 9th.
(Tagstotranslate) Trump tariff
