Donald Trump announces 26% 'discounted' reciprocal tariff on India: What will be the impact and is Indian economy relatively insulated?

Wednesday, 2 April 2025
US President Donald Trump announced new reciprocal tariffs to counter high duties charged on US goods by foreign countries. With tariffs on countries like China, India, and the EU, the move aims to rebalance trade.

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Video Credit: Oneindia - Published on April 3, 2025

News video: Trump Slaps Heavy Tariffs on India: ‘Friend’ Modi Treated US Unfairly – Claims Trade War Justified

Trump Slaps Heavy Tariffs on India: ‘Friend’ Modi Treated US Unfairly – Claims Trade War Justified 05:39

In a shocking trade move, Donald Trump has imposed heavy tariffs on India, claiming that despite his friendship with PM Modi, India has treated the US unfairly with high import duties. The US President argues that this is a justified retaliation against India's "52% tariffs," hitting back with a 26%...

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