Amid Trump's tariff threats, India vows to avoid protectionist signals on trade

  • Posted on February 3, 2025
  • By Business News Today
  • 3 Views
Amid Trump's tariff threats, India vows to avoid protectionist signals on trade

In the wake of U.S. tariffs, India's Finance Secretary Tuhin Kanta Pandey stated that the country is not leaning towards protectionism. India has reduced import duties on items like high-end motorcycles to signal its openness to trade. Though cuts were made, analysts argue Indias tariffs remain high compared to other nations, notably the U.S., Japan, and China.
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