‘Engaged with industry, exporters’: India examining US tariffs, says talks on $500 bn trade target with Washington ongoing

India closely examines the consequences of 27 percent of mutual tariffs announced by the United States on Thursday reaffirming the trade talks with Washington.

By the executive decree of President Donald Trump, we mentioned that the Minister mentioned. It is 27% for the Executive Appendix. “

The Faculty of Traffickes says that “carefully studies the consequences of the announcement” and “engaged in all stakeholders, including the Indian industry and exporters, and then responding to the assessment of tariffs and assess the situation.”

It also mentioned that the development can open new doors. “The department also studies the opportunities that may arise thanks to this new development of US trade policy,” he said.

Referring to the last diplomatic discussions, the statement added:

The government noted that these negotiations cover a wide range of mutual interest, including the integration and investment of the supply chain. “We are in touch with the Trump administration on these issues and look forward to them to advance them in the coming days.”

“India appreciates its comprehensive global strategic partnership with the United States and is obliged to work closely with the United States for the 21st century so that our trade ties remain for mutual prosperity and transformation.”

President Tramphone has announced talk of more than 60 countries, including India. He quoted the high tariffs of India, 52 percent of US estimates, as a reason to charge 27 percent of Indian export duty. Despite the step, Indian officials and commercial bodies say that the country is better located than Vietnam or China many of its competitors.