India - US Tariff and Relations | News + Updates

India faced reciprocal tariffs of 25% and additional tarrifs of 25% for importing Russian Oil. Post from DJT truthsocial says reciprocal tarrifs reduced to 18%. So we still are have to pay 43% tarrif. Correct me if I am wrong.
Pretty sure the Russia tariffs are going to go away as well, but the US will retain the leverage to reimpose them if necessary. Trump did talk about India buying American and Venezuelan crude instead of Russian.
 
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It seems like that all the singing and dancing by modi as commanded by the Epsteinjew and his handlers finally paid off
Congratulations
All thanks to field marshall sahab for teaching us how to dance in front of trumpstein 🥹
 
US ambassador to India just confirmed. Total tarrif levied on Indian goods will be 18 percent and 25 percent punitive tarrif on Russian crude have also been removed.
Yes, it was quite obvious. India would never have agreed to any deal if the punitive tariffs had been retained.
 
I think the timing of the deal was clever. India will probably try to buy time till the next budget to work on reducing tariffs and non tariff barriers for the US.
 
Here's a ceremonial slop post
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India faced reciprocal tariffs of 25% and additional tarrifs of 25% for importing Russian Oil. Post from DJT truthsocial says reciprocal tarrifs reduced to 18%. So we still are have to pay 43% tarrif. Correct me if I am wrong.
NO its only 18% now, confirmed by Sergio Gor in the interview with Vishnu Som on NDTV. The 25% additional tarrif on buying Russian oil has gone away!
 
Since this is a Pakistani forum, I would like to understand what impact does it have on the Pakistani textile industry given that Indian textile will now have a lower tariff for both EU and the US ?
 
NO its only 18% now, confirmed by Sergio Gor in the interview with Vishnu Som on NDTV. The 25% additional tarrif on buying Russian oil has gone away!
Yes, CNN has also confirmed this directly from the White House. It is 18% all in.
 

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