Trump tariff: Officials set for all-nighter to assess impact

Quick Summary:

Several officers in the commerce department in India are gearing up to assess the impact of US President Donald Trump's reciprocal tariffs on Indian exporters and businesses.

A war room has been set up for this purpose, amid concerns about potential dents on margins and bargaining power shifts.

With many economists predicting weaker economic activity due to an expected increase in prices in the US, companies may be wary to step out and are expected to be cautious till the impact is fully visible.

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Article Details

Author / Journalist: TNN

Category: EconomyBusiness

Markets: India

Topics: Trade deal negotiations Trump tariffs impact on India Reciprocal tariffs US trade policy Business news Indian exporters and businesses Economic impact of tariffs

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-03 @ 06:01:29 (1 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 707 words

Reading Time: 4 minutes read

Sentences: 20 lines

Sentence Length: 36 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 27550059

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Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 26 posts per day

Year Established: 1838

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Coverage Areas: India

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