Kashif Hasan Khan
On April 2, U.S. President Donald Trump announced a sweeping tariff policy targeting more than 60 countries, calling it “Liberation Day” for the U.S. economy. In India, it was already April 3 when the details became public. The policy revolves around “reciprocal” tariffs, a concept that aims to match or exceed the tariffs imposed by other countries on U.S. goods. Among the nations singled out, India was a key focus, with Trump declaring that the U.S. would impose a 26 percent tariff on Indian exports in response to what he claimed was a 52 percent tariff levied by India on U.S. goods.
This announcement comes at a critical time for India, which has been working to deepen trade ties with the U.S. as part of its broader economic diplomacy strategy. India has sought greater market access in sectors like pharmaceuticals, textiles, and technology, while also negotiating tariff reductions on U.S. agricultural and industrial products. Trump’s decision to impose higher duties on Indian goods could disrupt this progress and force India to reconsider its trade approach with the U.S.