All posts tagged: India US tariff reduction

India’s negotiating team to visit Washington next week as US readies new global tariffs | Business News

India’s negotiating team to visit Washington next week as US readies new global tariffs | Business News

2 min readNew DelhiApr 16, 2026 01:36 AM IST A month after the US launched two Section 301(b) investigations under the Trade Act of 1974 against scores of countries, including India, negotiators from the Commerce and Industry Ministry are set to reach Washington on April 20 for trade deal talks. The upcoming round of negotiations have come up at a time when the US could be working on a new tariff architecture to replace reciprocal tariffs, which were struck down by the US Supreme Court in February. “The Indian team, led by the Chief negotiator [Darpan Jain], will be visiting the US from April 20. The negotiating teams will be meeting in person after a gap of about 3–4 months. They have been engaging virtually in the meantime. We are looking at finalising the legal agreement, which is a logical follow-up to the joint statement released on February 7. There is a need for further discussions and follow-up engagement to take this forward,” Commerce Secretary Rajesh Agarwal said. “The US has initiated investigations involving several …

Trump slaps 26% reciprocal tariffs on India, lower than on Asian competitors China, Vietnam, Thailand & Indonesia | Business News

Trump slaps 26% reciprocal tariffs on India, lower than on Asian competitors China, Vietnam, Thailand & Indonesia | Business News

In a move that could likely trigger a diversion of trade in favour of India, US President Donald Trump on Wednesday announced a 26 per cent reciprocal tariff on India, lower than the 34 per cent imposed on China and 46 per cent on Vietnam, both of which are among the top exporters to the US and key competitors in the American market. The White House had earlier said that reciprocal tariffs would go into effect immediately. Tariffs on India were also lower than those on several Asian peers, including 36 per cent on Thailand and 32 per cent on Indonesia—countries that have received significant investment from China and are increasingly integrating with the Chinese supply chain. Story continues below this ad However, the tariffs imposed on India were higher than the 24 per cent duty on Japan, 25 per cent on South Korea, 24 per cent on Malaysia, 20 per cent on the European Union, and 10% on the UK. Notably, Trump announced 32 per cent tariffs on Taiwan, a key chip manufacturing centre. …