India has agreed to significantly reduce its import tariffs on American goods, following repeated concerns raised by the U.S. administration regarding trade imbalances. U.S. President Donald Trump, who has long criticized India’s high tariff barriers, recently highlighted this development

The World Bank has emphasized the need for India to lower import tariffs and introduce regulatory reforms to attract foreign investment and drive economic expansion. High tariffs, particularly on intermediate and capital goods, coupled with complex trade barriers, have contributed to increased trade costs, limiting the country’s integration into global markets. High