India is actively assessing the implications of new US tariffs on its exports and is considering various responses, including potential duty reductions under a bilateral trade agreement projected to be finalized by autumn, according to government sources.
The recent imposition of reciprocal tariffs on Indian goods by the United States has triggered a comprehensive review by Indian trade authorities. Officials in New Delhi have stated they are keeping “all options on the table” to safeguard exporters and sustain trade flows.
India occupies a unique position compared to other countries affected by these tariffs. Direct engagement with Washington is viewed as an advantage, potentially providing India with leverage in upcoming negotiations.
Moreover, the current situation could present strategic opportunities. As global supply chains adjust to escalating trade disputes, India perceives a potential silver lining. Authorities are reportedly in discussions with various nations to explore new trade alignments in the wake of the US decision.
This is a developing story. It will be updated.
