Trump tariffs – Trump tariffs to come into effect today: How will India be impacted?

The United States is scheduled to implement the new trade policy on April 2 based on reciprocity, as President Donald Trump announced. The White House confirmed that President Donald Trump will impose new definitions, with the announcement of a decision on Wednesday. However, details of the size and scope of these commercial barriers are still not announced. The move raised concerns between companies, consumers and investors about a possible escalation in the World Trade War.

For weeks, Trump referred to April 2 as “Tahrir’s Day”, promising great new duties that could disrupt the World Trade System. An official announcement in the Pink White House park is scheduled to be announced at 4 pm East time (2000 GMT).

White House spokeswoman Caroline Levit said that mutual definitions on countries whose duties are on American goods will be in effect immediately after Trump’s announcement. In addition, a 25 % tariff is expected to start on auto imports on April 3.

Treasury Secretary Scott Beesen Republican legislators have informed that the mutual definitions that Trump will announce will be a “cover” that represents the highest level of an American tariff that the two countries may face. This customs tariff can be reduced if the countries are compatible with the demands of the administration, according to Republican actor Kevin Herne from Oklahoma.

Trump has already implemented the definitions of aluminum and steel imports and increased its duties on all goods from China. However, it has often threatened more customs tariffs, just to cancel it later or delay it.

In response to the American definitions, China, Japan and South Korea indicated intentions to coordinate its efforts to balance antiquities and facilitate regional trade.

Commercial definitions: Impact on India

One day before the Trump tariff was implemented, a report issued by the US Trade Representative Office (USTR) highlighted many definition and non -definition barriers imposed by India on imports. The report reveals that the most effective applied tariff in India (MFN) was 17 percent in 2023, which is the highest among the major global economies, with 13.5 percent for agricultural commodities 13.5 percent for agricultural goods.

A member of congress Manish Toyari, in a post, asked: “The question of a million dollars is that within two hours and 15 minutes, the United States will mutual tariffs in India or not, or whether the alleged reference conditions (Tor) stop temporarily?”

The comprehensive report of the USTR, which studies commercial policies for 59 countries, shows major concerns about India’s high duties on agricultural products. It also raises issues on non -carrier barriers, including restrictions on imports, foreign direct investment and challenges in the insurance industry. In addition, the closure of the Internet in India is mentioned as sabotage of American digital services. The results coincide with the ongoing negotiations between India and the United States in a bilateral trade agreement, which is initially expected to address tariff issues.