Indian exporters face a shifting landscape as US tariffs are set to drop to 10% following a Supreme Court ruling, but uncertainty lingers over potential increases and long-term trade implications. Photograph: Mike Blake/Reuters Key Points US tariffs on Indian exports
The Trump administration on April 2, 2025, announced these duties on about 60 nations, including India. It was aimed at providing a level playing field to US exporters. Illustration: Dado Ruvic/Reuters Key Points Normally, companies pass on these taxes to
GSP concessions allowed Indian exporters to ship at less than MFN (most favoured nation) tariffs to EU markets. Now, concessions are suspended for 87 per cent value of Indian goods to the EU. Photograph: Amit Dave/Reuters Key Points Only about
