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The United States has revised downwards the import duties to be imposed on India from 27 per cent to 26 per cent, according to a White House document.
The Indian rupee is not expected to see sharp swings following U.S. President Donald Trump's expected reciprocal tariff announcement on countries including India, multiple market indicators showed.
India views the USA's announcement of 26% reciprocal tariffs as a 'mixed bag' rather than a 'setback.' The imposition includes a universal 10% tariff on all imports starting April 5, with an ...
According to Bloomberg data, the Indian currency was down 0.73 percent on April 11, from April 1, the biggest drop in Asia ...
The main impact on India will not be US tariffs. It will be the coming recession caused by Trump’s actions. That will depress ...
"It is a mixed bag and not a setback for India," the official said. The US President listed the high tariffs charged by India on American products as he announced reciprocal tariffs on countries ...
Trump's announcement comes as part of a broader effort to confront nations he believes are taking advantage of the US through trade imbalances and restrictive policies. The introduction of a 26 per ...