<ul><li>The US has announced 27 per cent reciprocal tariffs on India, citing high import duties imposed by India on American goods.</li><li>The move aims to reduce the US trade deficit and boost manufacturing, impacting India's exports to the United States.</li><li>Experts suggest India is relatively better-placed compared to its competitors facing increased levies.</li><li>India is currently negotiating a trade agreement with the US and aims to conclude the first phase by fall this year.</li></ul>

US President Trump imposes 27% reciprocal tariff on Indian imports

Discover more