Home / News / India News / Article / US suspends additional 26 pc tariff on India till July 9: White House

US suspends additional 26 pc tariff on India till July 9: White House

On April 2, US President Donald Trump slapped universal duties on about 60 countries exporting goods to America and additional steep levies on countries like India, potentially impacting sales of products from shrimp to steel in the world's biggest economy. The move was aimed at cutting its trade deficit and boosting domestic manufacturing

Listen to this article :
On April 2, US President Donald Trump imposed duties on about 60 countries exporting goods to America. File pic

On April 2, US President Donald Trump imposed duties on about 60 countries exporting goods to America. File pic

The United States (US) has announced the suspension of additional tariffs on India for 90 days until July 9, a White House executive order stated.

The decision follows a sweeping move by US President Donald Trump on April 2 to impose universal import duties on approximately 60 countries. India was among those subjected to steeper levies, with new tariffs affecting a wide range of products from shrimp to steel. The aim, the administration said, was to curb the trade deficit and boost domestic manufacturing.

Trending Stories

Latest Photoscta-pos

Latest VideosView All

Latest Web StoriesView All

Mid-Day FastView All

Advertisement