India fires back with strategic trade moves to blunt Trump’s tariff offensive
India responds to Trump’s tariff increases by strategically lowering its import tariff rate on dutiable goods for personal use from 20% to 10% as proposed in the Union Budget 2026 by Finance Minister Sitharaman. This move aims to mitigate the impact of the tariffs on trade relations.
Union Budget 2026 Live: Sitharaman proposes to reduce the tariff rate on all dutiable goods imported for personal use from 20% to 10% all right.
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