Tag Archives: US tariffs on imports

The US tariffs present an opportunity for India to enhance its global trade and manufacturing position. In a sweeping move on April 2, 2025, US President Trump announced a comprehensive new tariff framework aimed at reducing America’s trade deficit and bolstering domestic manufacturing. Dubbed the “Reciprocal Tariff Policy,” the plan first introduces a 10% universal tariff on all imports, effective …

NEW DELHI: Apple could be one of the biggest losers in case the Trump administration decides to slap reciprocal tariffs on import of electronics and smartphones from India as the move may put a spanner in its growing manufacturing investments here.The situation is equally grave for auto component makers, who ship parts worth billions of dollars to the US – …