US Targets India’s High Tariffs
- On 4th March 2025, U.S. President Donald Trump criticized India's high tariffs, particularly in the auto sector, and confirmed that reciprocal tariffs will take effect from April 2, impacting trade negotiations between the two nations.
- Hopes of securing tariff relief from the U.S. were dampened despite recent efforts by India, including cutting tariffs on select products like bourbon whiskey.
- A report by Moody’s suggests that India’s food, textiles, and pharmaceutical sectors could face risks, and the Indian rupee may experience downward pressure due to capital outflows.
- The latest U.S. trade policy questions the WTO’s relevance, criticizes special trade benefits given to ....
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