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US slaps 26% tariff on India, lower than Asian peers

  • Donald Trump announced a 26% tariff on Indian imports in response to India's 52% tariffs on US goods.
  • The US will implement a 10% baseline tariff starting April 5, along with additional country-specific tariffs on nations with trade surpluses.
  • Trump emphasized that these policies aim to reclaim American jobs and counteract the negative effects on US industries.
  • The US will also impose various tariffs, including 34% on Chinese goods and 25% on foreign-made automobiles, to address trade imbalances.
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India says 'examining the implications' of US tariffs

India said Thursday it was "examining the implications" of sweeping US tariffs, saying it was eyeing "opportunities" after rival competitors were harder hit by US President Donald Trump's hike in duties.

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The New Indian Express broke the news in India on Wednesday, April 2, 2025.
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