https://www.taxtmi.com/news?id=38891 Opposition MPs demanded explicit government clarification and consultation regarding impending US tariff threats, warning that such measures could trigger a trade war with depressed exports, reduced FDI, higher inflation and currency depreciation. They linked the risk to recent customs duty reductions and urged policy responses including tax-slab rationalisation, sectoral support measures and enhanced parliamentary oversight, while government supporters cautioned discussion until tariffs are implemented and defended stronger US ties as commercially advantageous. en-us Thu, 27 Mar 2025 20:16:02 +0530 Thu, 27 Mar 2025 20:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=38891 Opposition MPs demanded explicit government clarification and consultation regarding impending US tariff threats, warning that such measures could trigger a trade war with depressed exports, reduced FDI, higher inflation and currency depreciation. They linked the risk to recent customs duty reductions and urged policy responses including tax-slab rationalisation, sectoral support measures and enhanced parliamentary oversight, while government supporters cautioned discussion until tariffs are implemented and defended stronger US ties as commercially advantageous. News - Thu, 27 Mar 2025 20:16:02 +0530 https://www.taxtmi.com/news?id=38891