India-US trade deal: Modi government eyes tariff cuts on more than half of US imports worth  billion, says report – The Times of India

India-US trade deal: Modi government eyes tariff cuts on more than half of US imports worth $23 billion, says report – The Times of India

WTO data indicates the U.S. trade-weighted average tariff stands at 2.2%, whilst India’s is 12. (AI image) India is willing to reduce tariffs on over 50% of American imports valued at $23 billion during the initial stage of a trade agreement under negotiation between the two countries, two government officials told Reuters. This significant reduction…

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Trump’s tariffs: India’s GDP may take 0.1-0.6% hit from US tariff moves, says Goldman Sachs – The Times of India

Trump’s tariffs: India’s GDP may take 0.1-0.6% hit from US tariff moves, says Goldman Sachs – The Times of India

Trump has specifically mentioned India alongside the European Union and China, stating that India maintained “the highest tariffs in the world”. Impact of US tariffs on India: India’s GDP may take a hit of around 0.1 to 0.6 percentage points due to the proposed US tariffs, according to a recent Goldman Sachs analysis. The study…

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