Mar 08, 2025
U.S.-India Tariff Dispute: What You Need to Know
President Trump announced new tariffs on Indian goods, effective April 2, 2025, citing unfair trade practices
In response, India agreed to lower tariffs on American products to prevent trade disruptions
Indian industries like automotive, electronics, jewelry, and clothing are impacted by the tariff changes
Trump stated that India imposes tariffs exceeding 100% on some U.S. goods, while China’s tariffs are double those imposed by the U.S
The U.S. will now match the tariff rates imposed by other countries to maintain fair trade
Trump delayed announcing the tariffs until April 2 to avoid confusion with April Fool’s Day jokes
Howard Lutnick criticized India’s high tariff policies and suggested a broader trade negotiation approach
This move is part of the U.S.'s wider trade actions, affecting Canada, Mexico, and China as well
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