https://www.taxtmi.com/news?id=35198 Reciprocal tariffs are characterised as a direct challenge to accepted international trade norms and to the functioning of the WTO framework, raising compliance and retaliation concerns. The commentary poses domestic policy questions: protecting agricultural producers from dumping, legalising Minimum Support Price (MSP) for income support, safeguarding MSMEs from competitive injury, and assessing the macroeconomic impact on GDP, seeking government assurances and policy adjustments to mitigate trade-related legal and economic risks. en-us Tue, 25 Feb 2025 14:46:02 +0530 Tue, 25 Feb 2025 14:46:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=35198 Reciprocal tariffs are characterised as a direct challenge to accepted international trade norms and to the functioning of the WTO framework, raising compliance and retaliation concerns. The commentary poses domestic policy questions: protecting agricultural producers from dumping, legalising Minimum Support Price (MSP) for income support, safeguarding MSMEs from competitive injury, and assessing the macroeconomic impact on GDP, seeking government assurances and policy adjustments to mitigate trade-related legal and economic risks. News - Tue, 25 Feb 2025 14:46:02 +0530 https://www.taxtmi.com/news?id=35198