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Image Credit: Bloomberg Quint

Trump Tariffs: Piyush Goyal To Meet Exporters On April 9

  • Commerce and Industry Minister Piyush Goyal will hold a meeting with exporters on April 9 to discuss issues pertaining to India's trade amid the imposition of additional 26% reciprocal tariffs by US President Donald Trump-led administration.
  • Senior officials of the commerce ministry and representatives of export promotion councils (EPCs) and the Federation of Indian Export Organisations (FIEO) will attend the deliberations.
  • Exporters will flag their concerns and possible opportunities from the US tariffs, as it may impact demand in the US, hurting India's exports.
  • India's merchandise exports have declined for the fourth month in February due to global economic uncertainties, and sectors such as shrimp, carpet, medical devices, and gold jewelry will face the impact of the 26% additional import duties announced by the US.

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