India Proposed Zero Tariffs on Pharmaceuticals, Steel and Autos from United States

India is China 2.0 › American Greatness

India is taking President Trump up on his offer for reciprocal free trade, proposing zero-for-zero tariffs on specific goods like pharmaceuticals, steel, and automobile components. […] Source

India’s Zero-for-Zero Reciprocal Tariff Offer Must be a Non-Starter - Coalition For A Prosperous America

Tariff reciprocity was always a terrible idea. India, home to 607 million workers making around $550 per month in mid-level manufacturing jobs, would happily replace American steel workers and high-paid pharmaceutical lab workers in a zero-for-zero trade deal. A top paid laboratory technician in India makes about $35,000 a year. That’s a small fortune in India.The U.S. is mainly reliant on India for generic drugs today. Their labs lead in FDA re…

India Seeks Zero-Tariff Pact with US on Steel, Pharma, Auto Parts

India has put forward a “zero-for-zero” tariff proposal to the United States, seeking to eliminate import duties on steel, auto parts, and pharmaceutical products up to a certain amount. The idea is part of broader trade negotiations that aim to reach a bilateral deal between the two countries by the fall of 2025. The concept was apparently suggested by Indian officials during their late-April visit to Washington. The duty-free agreement would o…

India Proposed Zero Tariffs on Pharmaceuticals, Steel and Autos from United States

India has proposed zero tariffs on pharmaceuticals, steel, and auto parts from the United States on a reciprocal basis, up to a specific import volume, as part of trade negotiations aimed at securing a bilateral trade deal by fall 2025. Beyond this threshold, standard duties would apply. The offer was made by Indian trade officials […] The post India Proposed Zero Tariffs on Pharmaceuticals, Steel and Autos from United States appeared first on T…