Brief by Shorts91 Newsdesk / 08:56am on 25 Mar 2025,Tuesday India Global
India is considering reducing tariffs on over half of US imports worth $23 billion. The move aims to counter new US tariffs that could impact 87% of Indian exports. A US trade delegation is set to visit India for talks. India may cut tariffs on products like almonds and quinoa but will not lower them for meat, maize, wheat, or dairy. Tariffs on automobiles may be reduced gradually. The government wants to protect key industries, including pharmaceuticals and machinery, while maintaining strong trade ties with the US. The final decision is yet to be made. (PC: REUTERS/Kevin Lamarque)
