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India Evaluating Potential Opportunities From the New US Trade Policy: Commerce Ministry
The Business Guardian
|April 04, 2025
India is evaluating the impact and potential opportunities arising from US President Donald Trump’s reciprocal tariffs
Faced with US President Donald Trump's reciprocal tariffs, India on Thursday said that it is studying the opportunities that may arise from this new development in US trade policy.
The Ministry of Commerce said in a statement that it is carefully examining the implications of the various measures and announcements made by the US administration.
"The US President issued an Executive Order on Reciprocal Tariffs imposing additional ad-valorem duties ranging from 10% to 50% on imports from all trading partners. The baseline duty of 10% will be effective from April 05, 2025, and the remaining country-specific additional ad valorem duty will be effective from April 09, 2025. The additional duty on India, as per Annex I of the Executive Order, is 27%," the Ministry said.
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