2 天之前 · Donald Trump has begun a tariff war by imposing whopping duties on Canada, China and Mexico. However, the US president has skipped India for now, despite criticising its tariff structure in the past. Wary of being Trump’s next target, officials in New Delhi are preparing a response plan. Moreover, the Union Budget 2025, cut import duties on certain products that could benefit Washington

2 天之前 · Trump tariff war: India has prepared fact-sheet for American diplomats on tariffs on key U.S. products, officials say; import duties on top 30 items from U.S. are all below 7.5%

2024年1月12日 · In 2023-24 Annual Budget, India raised tariffs for private jets, helicopters, plastic goods, jewelry, high gloss paper, and vitamins. The Customs Info Database tariff look-up tool on trade.gov is available to estimate duties and taxes.

22 小时之前 · India has already begun lowering tariffs to favour US exports in a bid to avoid Trump’s tariffs. Duties on items primarily exported by the US, such as motorcycles with an engine capacity below 1,600cc, ground installations for satellites, and synthetic flavouring essences, among others, were slashed in the Union Budget 2025-26.

1 天前 · During an address to Republican lawmakers last week, Trump called India, along with China and Brazil, “tremendous tariff makers.” and pledged to put tariffs on countries that harm U.S. interests.

2 天之前 · “US tariffs on China will have a wide impact. Major parts and component suppliers to China in South Korea and Japan will also be affected. But India is at an advantage at the moment, as those countries facing duties will become less competitive in the US market,” said Ajay Sahai, Director General of the Federation of Indian Export Organisations (FIEO).

1 天前 · India's government has significantly reduced import tariffs across a range of goods, signaling an end to protectionist measures. This move aims to avoid trade retaliation from the US while making India a more competitive and open economy. The average tariff rate has dropped to 10.66%, underlining India's commitment to integrating into global supply chains.

1 天前 · Furthermore, India has avoided being included in Trump’s broader tariff threats against the BRICS bloc, which includes Brazil, Russia, China, and South Africa. This is a testament to the fact ...

2 天之前 · In the wake of U.S. tariffs, India's Finance Secretary Tuhin Kanta Pandey stated that the country is not leaning towards protectionism. India has reduced import duties on items like high-end motorcycles to signal its openness to trade. Though cuts were made, analysts argue Indias tariffs remain high compared to other nations, notably the U.S., Japan, and China.

2025年1月13日 · BCG's analysis reveals that with the proposed 20 per cent US tariff hike across-the-board on all imports from India, it will face over 14.6 bn in additional duties. US imports from India totalled USD 84 billion in 2023 and India benefits from …