Breaking down Trump's tariffs: What’s in store for India?

In this podcast episode, businessline’s Amiti Sen, discusses President Trump’s newly announced reciprocal tariffs, set to take effect from April 5th, with a 10% baseline tariff on imports and country-specific tariffs to follow. We focus on India, where a 27% tariff on exports to the US will impact sectors like textiles, chemicals, and agriculture. However, India has a competitive edge, as its tariffs are lower than those of other Asian nations like China and Vietnam.  The episode also covers India’s ongoing negotiations with the US for a bilateral trade agreement, aiming to secure tariff reductions in areas like agriculture and high-end automobiles. We discuss how successful these talks could be in reducing tariffs and the broader impact on global trade. Tune in for insights on how these tariffs might reshape India’s economic future and its relationship with the US.  (Host: Amiti Sen, Producer: Prethicshaa, Rowan Barnett)