India’s first reaction on Donald Trump’s 26% reciprocal tariffs: ‘It's mixed bag, not setback…’

India views the USA's announcement of 26% reciprocal tariffs as a 'mixed bag' rather than a 'setback.' The imposition includes a universal 10% tariff on all imports starting April 5, with an additional 16% from April 10. Discussions on a bilateral trade agreement between the two nations continue, aiming for completion by fall.

Apr 3, 2025 - 21:00
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India’s first reaction on Donald Trump’s 26% reciprocal tariffs: ‘It's mixed bag, not setback…’
India views the USA's announcement of 26% reciprocal tariffs as a 'mixed bag' rather than a 'setback.' The imposition includes a universal 10% tariff on all imports starting April 5, with an additional 16% from April 10. Discussions on a bilateral trade agreement between the two nations continue, aiming for completion by fall.

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