National
India has strongly criticized the United States for imposing a 50% tariff on Indian exports, calling the move “unfair, unjustified and unreasonable.” The action follows President Donald Trump’s executive order introducing an additional 25% tariff on top of the existing 25%, citing India’s continued import of discounted Russian oil. The Ministry of
National
India’s average tariff on goods imported from the United States in 2023 stood at 6.1 %, making it lower than those imposed by several other Asian countries. Sri Lanka charged 8.4 % on U.S. goods, while Thailand levied 6.9 %. These figures directly challenge claims that India is overly protectionist when it comes to trade with the U.S. […]