Trump's reciprocal tariffs will not affect India ahead of Modi meeting

livemint.com

US President Donald Trump announced that his new "reciprocal tariffs" will not affect India, according to a White House official. This statement was made ahead of Trump's meeting with Indian Prime Minister Narendra Modi at the White House. The tariffs are expected to create opportunities for India to increase its exports. Sources also mentioned potential developments in a US-India defense framework and a trade deal by fall 2025. Trump's announcement follows previous tariffs imposed on China, Canada, and Mexico. He has paused tariffs on Canada and Mexico for a month after border security commitments, while tariffs on steel and aluminum imports are set to begin on March 12.


With a significance score of 4, this news ranks in the top 12% of today's 29371 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 9500 minimalists.