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FM: Tariffs remain a legitimate policy tool
Business Standard
|March 07, 2025
On the potential impact of the reciprocal tariffs on India, she said: "It is only as we progress through the negotiations that we will be able to make an assessment but we keep India's export interests in mind. At the moment, we are seized of the problem."
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Regarding Trump's assertions about India's high import tariffs, with duties of over 100 per cent on some items, Sitharaman said the current tariffs are designed for different reasons, like protecting certain industries and also the possibility of India's exports reaching newer markets.
This story is from the March 07, 2025 edition of Business Standard.
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