The government analyzes 26% of Trump’s impact on Indian tariffs; it’s a mixed package, not a setback: Officials
“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 a day of liberation, a long-awaited moment. On April 2, 2025, the day when the fate of the United States was taken back with the rebirth of American industry, we began to make the United States rich again. When he announced the tariffs, he raised a chart showing the tariffs such as India, China, the UK and the EU and other countries as well as the mutual tariffs that these countries now have to pay. The chart shows that India charges 52% tariffs, including currency manipulation and trade barriers, while the United States will now charge India a 26% discount tariff.
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.
