đź’¨ Abstract
The Department of Commerce in India is evaluating the impact of US reciprocal tariffs and consulting with domestic industries and exporters. It is also studying potential opportunities from these new tariffs. The US has imposed additional duties on imports from all trading partners, with a 10% baseline effective from April 5, and 27% from April 9. Certain sectors like pharma, semiconductors, and energy products are exempted.
Courtesy: theprint.in
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