Brief by Shorts91NewsDesk / 04:41am on 07 Mar 2025,Friday Business
Finance Minister Nirmala Sitharaman acknowledged that impending U.S. tariffs could impact India. She noted that Commerce Minister Piyush Goyal is currently in the U.S., engaging with officials, including the United States Trade Representative, to safeguard India's export interests. These discussions aim to address the potential repercussions of President Donald Trump's announcement of reciprocal tariffs set to commence on April 2 against countries imposing high taxes on U.S. products. The U.S. strategy seeks to counter unfair trade practices and encourage foreign nations to reduce or eliminate tariffs on U.S. goods or to establish manufacturing operations within the U.S., thereby boosting its economic growth.
