Hours after US President Donald Trump announced 26 per cent reciprocal tariffs on India, a senior government official said that the commerce ministry is analysing its impact. As per the official, the universal 10 per cent tariff on all imports entering the US will be enforced from April 5, while an additional 16 per cent will take effect from April 10, bringing the total to 26 per cent. “The ministry is analysing the impact of the announced tariffs,” the official stated, while also highlighting that the Trump administration may reconsider the duties if a country successfully addresses its concerns.Modi govt analysing impact of Trump’s 26 per cent reciprocal tariff on India: ‘It’s mixed bag, not setback’
Hours after US President Donald Trump announced 26 per cent reciprocal tariffs on India, a senior government official said that the commerce ministry is analysing its impact. As per the official, the universal 10 per cent tariff on all imports entering the US will be enforced from April 5, while an additional 16 per cent will take effect from April 10, bringing the total to 26 per cent. “The ministry is analysing the impact of the announced tariffs,” the official stated, while also highlighting that the Trump administration may reconsider the duties if a country successfully addresses its concerns.
