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Chances of US tariff action against India very thin
The New Indian Express Tiruchy
|February 05, 2025
India has started taking measures to avoid tariff action by the US
EVEN as the US wages tariff war against China and other countries, the likelihood of a reprisal against India is not very high, feel analysts TNIE spoke to. Though they admit with Donald Trump at the helm of affairs, nothing can be ruled out, but the chances of a US tariff action against India are very less.
The reason being average tariff levied by India on US goods are already below 5%, much lower than India's overall tariff average. Indian government has started taking some measures to avoid tariff action by the US government.
This story is from the February 05, 2025 edition of The New Indian Express Tiruchy.
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