LIVE | Trump Announces 27% Tariff on India: How Will New Delhi Respond? | Firstpost Spotlight | N18G

US President Donald Trump’s imposition of a 27% tariff on Indian imports, dubbed “Liberation Day,” has significantly altered the US-India economic relationship. While citing India’s 52% tariffs on US goods as justification, Trump also exempted pharmaceutical exports. Despite the potential for a trade war, experts suggest India may find a competitive edge. The 27% tariff, while substantial, is lower than those levied on India’s major competitors like China and Vietnam. Furthermore, ongoing trade negotiations offer India the opportunity to mitigate the tariff’s impact. The relative leniency compared to other nations might also deter strong retaliatory measures, allowing India to focus on securing concessions through dialogue. How will India respond to Trump’s tariffs? Watch this video to know more.

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