US President Trump announces 26 per cent 'discounted reciprocal tariff' on India — 237 posts — The True Story

Summary

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U.S. President Donald Trump declared on April 2 a 10% baseline tax on imports from all countries and higher tariff rates on dozens of nations that run trade surpluses with the United States, threatening to upend much of the architecture of the global economy and trigger broader trade wars.
Hindustan Times
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The US has imposed a 27% tariff on Indian exports, exempting pharmaceuticals for now, but future trade actions could impact drug exports, raising concerns about costs and supply chain disruptions.
Asianet Newsable
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(Reuters) - White House aides have drafted a proposal to impose tariffs of around 20% on most imports to the United States, the Washington Post reported on Tuesday.
The Gazette
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It is expected that formal negotiations will begin between the two sides soon, with India beginning the process of drastically reducing its tariffs on a wide range of US imports.
Free Press Journal

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