The NewsTrack analyzes the impact of Donald Trump’s new reciprocal tariffs on India and global trade, focusing on the 27% tariff imposed on India, with some key sectors like pharmaceuticals being exempted. The Indian government describes the situation as a ‘mixed bag’ and is currently examining the implications while continuing trade talks with the US. Experts discuss the potential effects on India’s GDP growth, exports, and specific industries, as well as the global reactions and the possibility of a US-India trade deal. The discussion also delves into India’s trade position, the potential benefits of regulatory reforms, the changing geopolitical landscape, and misconceptions about India’s protectionism. Additionally, the debate covers the Waqf Amendment Bill in the Indian Parliament, highlighting concerns about religious freedoms and constitutional rights.
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