CNBC’s Inside India newsletter: How much leverage does India have in trade talks with the U.S.?
2025-04-11 12:56:28 source：CNBC
April 11, 2025
The big story
A 10% levy on all Indian goods entering the U.S. is markedly better than a 26% import tax. Sure.
But the threat of the higher figure being reimposed on India hasn’t disappeared.
U.S. President Donald Trump first tore apart the established international trading system by announcing worldwide “reciprocal” tariffs earlier this month and then reversed course on Wednesday by falling back to a 10% import tax rate on nearly all nations.
Read more:
https://www.cnbc.com/2025/04/10/trump-tariff-trade-war-china-india-vietnam-impact.html