US EditionTrump tariffs: India says studying opportunities, ’in talks with US trade teams’
- President Trump imposed trade tariffs on countries, including the UK and India, that send products to America.
- Trump implemented the tariffs because he wanted to put 'America first' and believed other countries had unfair trade practices.
- The tariffs included a minimum 10% duty on most imported goods, with additional duties up to 50% for specific countries.
- Ms. Conor of Trust Electric Heating said firms should look for 'opportunities' in America, as 1% of the US market is worth $1.3bn.
- India's Ministry of Commerce said they are studying the implications and potential opportunities arising from the new US trade policy.
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Trump Tariffs: India Carefully Examining Situation, Exploring Opportunities
Discussions are ongoing between Indian and US trade teams for the expeditious conclusion of a mutually beneficial, multi-sectoral bilateral trade agreement. These cover a wide range of issues of mutual interest, including deepening supply chain integration
·India
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Trump tariffs: India holds fire as US announces tariffs
Global 10% baseline tariff comes into effect on April 5, higher tariffs from April 9; Commerce Ministry says it is assessing impact, including “opportunities”, as tariffs on India lower than rival exporters; China, EU threaten reprisal
·India
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C 25%
R 50%
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