#TrumpTariffs Donald Trump's approach to India, particularly regarding trade, has been characterized by a focus on "reciprocal tariffs" and reducing the US trade deficit. He has often labeled India a "tariff king," despite India's average tariffs being compliant with WTO rules.
His administration has applied tariffs, including a 26% reciprocal duty on Indian exports like steel and auto parts. While some sectors like pharmaceuticals and semiconductors were initially spared, there's ongoing pressure. Trump has also publicly criticized Apple for manufacturing iPhones in India, threatening tariffs if production isn't moved to the US.
These policies have created uncertainty but also spurred India to seek bilateral trade agreements and diversify its export markets, aiming to mitigate potential economic impacts. The trade relationship remains a key, albeit sometimes contentious, aspect of US-India ties.
