The US has in a new report criticised not just India's trade barriers but also some of its domestic policies, including those meant to encourage local manufacturing and supporting farmers..The report casts a shadow on ongoing negotiations between India and the US for a bilateral trade agreement.

US President Donald Trump's reciprocal tariffs will take effect on April 2, impacting global trade partners like India, China, the EU, and Mexico. The new tariffs, aimed at addressing trade imbalances,

US President Donald Trump is set to introduce reciprocal tariffs on April 2, signalling a stricter trade policy towards countries with high duties on American goods. India, which imposes a 100 percent tariff on US agricultural imports,

Washington: Just a day before announcing reciprocal tariffs that could impact global trade, US President Donald Trump made a surprising claim that India will substantially reduce tariffs on US imports.

PwC report suggests India can stay competitive despite US reciprocal tariffs, highlighting opportunities in sectors like electronics, textiles, and engineering goods, with advantages over Chinese exports.

The statement came just days before Trump plans to outline country-based reciprocal tariff plans on April 2 to counter "unfair trade practices" that, according to him, have hurt America for decades

Ever since he returned to office for a second term in January this year, Donald Trump has constantly proved to be aggressive with tariff threats.

According to Emkay Research, while India could be among the worst-hit nations per broad reciprocal differentials, the key susceptible sectors (auto, pharma, electronics) are far better placed than feared.