Last Updated:April 03, 2025, 14:59 IST India is in talks with the US for a multi-sectoral trade agreement after President Trump imposed a 27 per cent reciprocal tariff on Indian imports. US President Donald Trump, as he arrived to delivers remarks on reciprocal tariffs during an event in the Rose Garden (Photo: AFP) New Delhi said on Thursday that talks with Washington were underway  for a “mutually beneficial, multi-sectoral bilateral trade agreement”, while stressing that officials were “carefully examining” the implications of US President Donald Trump’s move to announce a 27 per cent reciprocal tariff on India. In an official statement, the Ministry of Commerce and Industry stated, “The US President issued an Executive Order on Reciprocal Tariffs imposing additional ad-valorem duties ranging from 10% to 50% on imports from all trading partners.” “The baseline duty of 10% will be effective from April 05, 2025 and the remaining country specific additional ad-valorem duty will be effective from April 09, 2025. The additional duty on India as per the Annex I of the Executive Order is …