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Trump Reciprocal Tariffs A Mixed Bag, Some Sectors May Benefit: Ministry Sources
Some sectors will get impacted, while some might benefit as India gets a competitive edge against nations like Vietnam and Indonesia, Commerce Ministry sources said.
03 Apr 2025, 07:50 AM IST 
(Photo source: Unsplash)
India is monitoring impact of reciprocal tariffs imposed by the US, which seem to be a mixed bag, Commerce Ministry officials in the know told NDTV Profit.The statement comes hours after US President Donald Trump announced a 26% duty on Indian imports. A common 10% baseline tariff will come into effect starting April 5, while additional 16% reciprocal tariff will hit India starting April 10.Notably, India's weighted average tariff ra...
