India Faces Reciprocal Tariffs from April 2, Says U.S. President Trump

According to PANews, U.S. President Donald Trump announced that India will face reciprocal tariffs starting April 2. Despite efforts by Indian officials to ease trade barriers with the United States, Trump described India as one of the countries with the highest tariffs globally. In an interview on Wednesday, he expressed confidence that India might significantly reduce these tariffs but confirmed the imposition of reciprocal tariffs on the specified date. While Trump has consistently stated that India will not be exempt from the tariffs on April 2, Indian officials remain optimistic. Earlier this month, Indian Commerce Minister Piyush Goyal visited the United States and engaged in what he described as "forward-looking discussions" with Trump administration officials. Both parties are hopeful of reaching a trade agreement by the fall of this year.