Trump's tariffs on India, set to take effect in 21 days, could significantly disrupt India's economic trajectory, especially as it was viewed as a potential manufacturing alternative to China. While the tariffs on China are 30%, those on India could be considerably higher. The Indian government denounced these tariffs as "unfortunate" and unreasonable, emphasizing their commitment to protecting their trade interests. Former trade officials noted that these rates could position India among the most heavily taxed U.S. trading partners, surpassing other rivals.
Trump's order to impose tariffs on India could scramble the economic trajectory of India, seen as an alternative to China by American companies.
India's Foreign Ministry called the tariffs "unfortunate" and stated they are "unfair, unjustified and unreasonable," promising actions to protect interests.
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