‘Intend to reduce tariff’: India’s cautious reply to Trump’s tax threat

India plans to reduce tariff and non-tariff barriers to deepen trade with the US amid impending tariff threats from Trump. India is open to reducing automobile import duties but not to zero immediately. Amid trade tensions, India sees opportunities for exploring alternative sourcing, especially from Canada, and boosting exports and attracting American investments.

​India plans to reduce tariff and non-tariff barriers to deepen trade with the US amid impending tariff threats from Trump. India is open to reducing automobile import duties but not to zero immediately. Amid trade tensions, India sees opportunities for exploring alternative sourcing, especially from Canada, and boosting exports and attracting American investments.