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        <h1>US Announces 27% Reciprocal Tariffs on Indian Imports Starting April 9, with Exemptions for Essential Products</h1> The US has announced 27% reciprocal tariffs on Indian goods entering American markets, which will take effect April 9 after a baseline 10% tariff from April 5-8. These tariffs aim to boost US domestic manufacturing and reduce trade deficits. Essential items like pharmaceuticals, semiconductors, and energy products are exempted. While presenting challenges for Indian exporters, India's position remains more favorable than competitor nations facing higher tariffs (China 54%, Vietnam 46%, Bangladesh 37%, Thailand 36%). Experts note these tariffs violate WTO rules. The US and India are currently negotiating a bilateral trade agreement with the goal of increasing trade to $500 billion by 2030.

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