India comments on 26% U.S. tariff impact

“The ministry is analyzing the impact of the announced tariffs,” the official said, adding that if a country will address U.S. concerns, the Trump administration could consider reducing its responsibilities to the country.
India is already reaching a bilateral trade agreement with the United States. The two countries aim to be in the first phase of this fall (September to October) to this fall.
“It’s a mixed bag, not a setback for India,” the official said.
The US President announced a comprehensive announcement of reciprocity tariffs to the country, announcing that India’s reciprocity tariffs on India list high tariffs on US products, and announced “discounts” mutual tariffs on India.
“It’s the day of liberation, a long-awaited moment. On April 2, 2025, the day when American industry is reborn and America’s fate is taken back, we start to make America rich again.
When he announced the tariffs, he raised a chart showing the tariffs on the mutual tariffs that countries like India, China, the UK and the EU and those countries now have to pay.
He said: “India is very, very difficult. Very, very difficult. The Prime Minister just left. He is my good friend, but I said, you are my friend, but you are not treating us. They charge us 52% of the fee…” he said.