US EditionFor India, Donald Trump's tariffs could have been worse
- On Thursday, India reacted with caution to the new US tariffs announced by President Trump.
- India had been seeking to ease trade tensions with Washington and had cut some tariffs.
- The government is studying both the 'implications' and potential 'opportunities' from the duty increases.
- Ajay Sahai stated the tariffs would hurt export demand; however, some rivals face higher levies.
- Experts suggest India consider China's response, as the tariff changes present both challenges and opportunities.
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India got hit hard by Trump's new tariffs—but sees an opportunity after competitors like China and Vietnam got hit harder
India reacted cautiously on Thursday to U.S. President Donald Trump's sweeping tariffs, with the government saying it was examining both "implications" and "opportunities" from the duty hikes. Indian stocks fell at the open of trading on Thursday, with the benchmark Nifty index trading more than 0.3% down in the afternoon. Trump, speaking while unveiling the tariffs at the White House on Wednesday, said Indian Prime Minister Narendra Modi was a …
·New York, United States
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Total News Sources35
Leaning Left3Leaning Right5Center9Last UpdatedBias Distribution53% Center
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53% Center
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C 53%
R 29%
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