New Delhi.
The Ministry of Commerce analyzes the impact of the mutual tariffs of 26% or the obligations imposed by the United States in India, a high-ranking government official said on Thursday.
According to official, the total 10% tariffs will enter into force on April 5, all US imports and 16% from April 10.
“The ministry analyzes the impact of the announced tariffs,” said the official, adding that if the country will affect US concerns.
India is already negotiating with the United States on a bilateral trade agreement. The two countries aim to complete the first stage of the contract this fall (September-October).
“It’s a mixed bag and not feedback for India,” said the official.
The US President has listed the high tariffs accused of India on American goods, as he announced in council countries about mutual tariffs, declaring 26% in India in India.
“This is a day of liberation, the long-awaited moment. Lew on American goods.
When he announced tariffs, he kept a table that showed the tariffs that are such countries such as India, China, the United Kingdom and the European Union, along with mutual tariffs, that these countries must now pay.
The chart states that India charges 52% tariffs, including monetary manipulation and trade barriers, and America now charges India – 26 percent discounted mutual tariff.
“India, very, very tough. Very, very tough. The Prime Minister left. He is my friend but I tell us.
(Except for the title, this story has not been edited by NDTV staff and is published in syndicated feed).
