U.S. Set to Announce Tariffs Wednesday; India to Closely Monitor Impact
According to reports, the Indian government has been actively engaging with the U.S. administration at the ministerial and official levels.
U.S. Set to Announce Tariffs Wednesday; India to Closely Monitor Impact, latest news: The U.S. is set to announce the reciprocal tariffs it has been warning about at 4 PM (EST) on Wednesday, which will take effect immediately, according to the U.S. announcement. The Indian government will closely monitor how these tariffs are determined—whether they are based on subsidies, VAT policies, or other trade factors.
The tariffs could be sectoral (targeting specific industries) or country-specific (targeting India directly).
Understanding the rationale behind the U.S. decision will help India decide whether to take diplomatic or trade-related actions in response.
According to reports, the Indian government has been actively engaging with the U.S. administration at both the ministerial and official levels, in hopes of avoiding retaliatory measures.
Former U.S. President Donald Trump has repeatedly criticized India for its high import duties, including tariffs on cars.
It remains to be seen how the Trump administration will approach India, which has always opted for diplomatic solutions and has refrained from issuing any statements despite repeated allegations and criticism from the U.S.
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