Us tariff on india: On Wednesday (April 2, 2025), the US announced to impose recipes on many countries of the world. At the same time, 27 percent tariff was imposed on the Indian goods which will go to the American markets, although it was later reduced to 26 percent. The Central Government has formed a Samiti to assess the impact of the American tariff on the Indian markets.
Committee formed under the leadership of Piyush Goyal
The committee under the leadership of Union Commerce and Industry Minister Piyush Goyal will also include four cabinet ministers. US President Donald Trump argued that these steps would prove to be helpful in strengthening America financially. Trump believes that these are necessary to remove business imbalance, protect American jobs and manufacturing.
25% duty on automobile imports
India is one of the 60 countries on which the US has imposed a reciperook tariff. The US President has announced a 25 percent duty on automobile imports, which is likely to affect auto shares like Tata Motors and Promotion Mother’s. In March 2025, flat duty on all steel and aluminum coming to the US was increased to 25 percent. Trump already increased the tariff to 20 per cent on all goods imported from China to 20 per cent.
These areas including electronics may affect
Asian countries have been affected since the announcement of US President Donald Trump’s tariff. Trump has imposed 34 percent tariff on China, 46 percent on Vietnam and 49 percent on Cambodia. American tariffs can affect Indian companies in areas such as electronics products, jewelery, auto parts, aluminum. Trump on Wednesday announced a fee levying a fee on various countries from the Rose Garden of the White House, saying, “India charges 52 percent, so we will pay half, 26 percent of it from them.”
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