US President Donald Trump declared April 2 as Liberation Day and imposed mutual tariffs of concessions on many countries. Referring to India, Trump said … Many countries have imposed concessional reciprocal tariffs. Referring to India, Trump said that he imposed 52 per cent tariff on us but we impose half 26 per cent tariff on him. But now a new connection to Trump’s executive order has come out, with 27 per cent tariffs on India.
A list of concessional reciprocal tariffs that Trump showed during his media address. It imposed 26 per cent tariffs on India. But now the White House’s affiliation has revealed that India has 27 percent instead of 26 on India.
Trump has kept the doors of negotiations open by calling this tariff as concessional. India has imposed 27 per cent tariffs instead of 52 per cent. With this, Trump has kept the possibility of communication with India. The two countries are constantly in touch with each other.
