No country-specific or reciprocal tariffs imposed by the US yet, says GoI

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No country-specific or reciprocal tariffs imposed by the US yet, says GoI - Business Standard

Quick Summary:

Under the ambitious “Mission 500”, India and the US aim to more than double bilateral trade to $500 billion by 2030 by expanding partnerships across multiple sectors.

The Indian government on Friday clarified that the United States has not imposed any country-specific or reciprocal tariffs on India.

He has also singled out India as one of the biggest abusers of the tariff system, and has threatened that reciprocal tariffs would kick in on April 2 later this year.