Is India ready to sacrifice its tariffs for a US trade deal amid Trump threats?

  • Posted on March 6, 2025
  • By Business News Today
  • 5 Views
Is India ready to sacrifice its tariffs for a US trade deal amid Trump threats?

India and the US are working on a bilateral trade deal amid Trump's tariff threats. Indian industries propose selective tariff reductions, seeking reciprocal concessions mainly in textiles, engineering goods, and jewellery. The agreement faces challenges in auto components and agricultural products. India's response is crucial as US reciprocal tariffs might commence on April 2, potentially impacting key exports.
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