Donald Trump's Reciprocal Tariffs on Indian Imports: A Bold Move to Reduce Trade Deficit
Updated: 03 Apr 2025, 04:16 PM IST
US President Donald Trump announced reciprocal tariffs on Indian imports to reduce the country's trade deficit and dependence on foreign products.
On 2 April, US President Donald Trump announced sweeping reciprocal tariffs on its trading partners in a bold move to reduce the country’s dependency on foreign products and address its ballooning trade deficit. Trump imposed a 26% tariff on imports from India, which will be effective from 9 April. This move is aimed at reshaping trade relations and protecting American industries.