US Tariffs | Union Minister of Commerce and Industry Piyush Goyal says, "…On 2nd April 2025, the US President issued an executive order on reciprocal tariffs…10% baseline duty in effect since 5th April 2025. With a 10% baseline tariff, a total of 26% tariff was announced for India. Full country-specific additional tariff was scheduled to come into effect on 9th April 2025. But on 10th April 2025 this was extended initially for 90 days and then extended till 1st August 2025."
Union Minister of Commerce and Industry Piyush Goyal says, "In March 2025, India and the US started talks for a just, balanced and mutually beneficial Bilateral Trade Agreement (BTA). The goal of this was to finish the first stage of the Agreement by October-November 2025…"
#TrumpTariff #PiyushGoyal #DonaldTrump #PresidentTrump #PresidentTrump
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