US Tariff War / India calls US tariffs a 'Mixed Bag', government's statement comes out

US President Donald Trump has imposed reciprocal tariffs on several countries including India. A 26% tariff will be imposed on India, which will make Indian products expensive. India called it a 'Mixed Bag' and is analyzing the implications. The US is responding to India's 52% tariff.

US Tariff War: US President Donald Trump has announced the imposition of reciprocal tariffs on many countries of the world. A 26% tariff has been imposed on India, which may affect bilateral trade relations. India's Commerce Ministry has started analyzing this decision and has termed it a 'Mixed Bag'.

Impact on India-US trade

India is already negotiating a trade agreement with the US. India can formulate a possible strategy in response to the US tariff. The 26% duty on Indian products may harm exporters, but India may also get an opportunity to strengthen its strategic position.

Trump's comment and America's stand

Describing India as a 'tough' country, Trump said that an average of 52% tariff is levied on American products in the Indian market, so the 26% reciprocal tariff is justified. With its implementation, Indian products will become expensive, which will affect their competitiveness.

Impact on global trade

Apart from India, this tariff has also been imposed on countries like China, European Union, UK. The US is calling it an important step towards reviving its economy.

India is now considering various possibilities to respond to this decision. It will be seen in the coming months how this trade policy affects India-US relations.