https://www.taxtmi.com/news?id=39549 The United States has imposed reciprocal tariffs on imports from India, implementing a phased schedule with a universal lower levy followed by a higher India-specific duty, announced as a response to perceived high Indian import barriers and aimed at addressing the bilateral trade imbalance; the measure is subject to potential reduction if India addresses US concerns, while India evaluates economic impact amid ongoing bilateral trade negotiations. en-us Thu, 03 Apr 2025 09:16:03 +0530 Thu, 03 Apr 2025 09:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=39549 The United States has imposed reciprocal tariffs on imports from India, implementing a phased schedule with a universal lower levy followed by a higher India-specific duty, announced as a response to perceived high Indian import barriers and aimed at addressing the bilateral trade imbalance; the measure is subject to potential reduction if India addresses US concerns, while India evaluates economic impact amid ongoing bilateral trade negotiations. News - Thu, 03 Apr 2025 09:16:03 +0530 https://www.taxtmi.com/news?id=39549