Live EventsNew tariff structure on Indian goodsExisting tariffs: 25% on steel, aluminum, and auto parts. New tariffs: April 5-8: A 10% baseline tariff on remaining Indian goods; April 9 onwards 27% tariffs will apply to India-specific imports. How will it impact India? The US has also imposed 54% tariffs on China; 46% on Vietnam; 37% on Bangladesh; 36% on Thailand. "Lastly, the US has expressed concerns about global trade practices, asserting that certain countries, including India, benefit from unfair trade advantages that distort competition.The recent developments in trade tariffs are poised to have significant implications for India.

Source: The Times April 03, 2025 16:56 UTC