In response to the Trump administration's upcoming "reciprocal tariff" policy, the Indian government is reportedly willing to reduce tariffs on 55% of U.S. imports (worth $23 billion) down to as little as zero from a current range of 5-30%, per FT
In an internal analysis, New Delhi estimated such reciprocal tariffs would hit 87% of its total exports to the United States worth $66 billion.
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