
Can India dodge Trump’s trade tariff bullet? Depends on the sector, trade pact
Source: Live Mint US President Donald Trump announced sweeping reciprocal tariffs on its trading partners on 2 April, a move aimed at reducing the country’s dependency on foreign products amid its ballooning trade deficit. Trump announced a 26% tariff on imports from India, effective 9 April. Companies in sectors such as apparels & textiles and…