US President Donald Trump recently declared a reciprocal tariff on all foreign goods set to begin in April 2025, a decision that could have significant implications for global trade. Despite the potential for disruption in international trade dynamics, experts believe that India is likely to weather the storm with minimal impact. Trump’s tariff announcement has sparked concerns about its effects on the global economy, but India’s diversified trade portfolio and strong domestic market position may provide some insulation from the fallout. As the world closely watches how this move will play out on the global stage, India appears poised to navigate any turbulence that may arise.
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Trump announces reciprocal tariffs on all foreign goods from 2025, minimal impact expected on India, say experts.
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