Washington/New Delhi: In a sharp move that could strain bilateral trade ties, U.S. President Donald Trump has announced new tariffs on select Indian goods, citing concerns over market access and trade imbalances. The tariffs, which target key export sectors including textiles, engineering goods, and auto parts, are expected to impact billions of dollars’ worth of trade between the two nations.
Trump justified the decision by stating that India has “unfair trade practices” and that the U.S. must “protect American workers and industries.” The move comes after months of trade negotiations that failed to bridge differences on issues such as tariffs, e-commerce rules, and agricultural exports.
India, one of the fastest-growing economies and a significant U.S. trading partner, is expected to announce retaliatory measures. New Delhi has emphasized that its trade policies comply with WTO guidelines and has urged Washington to reconsider the decision in the interest of strengthening strategic and economic ties.
Economists warn that the escalating tariff battle could affect investor sentiment and global supply chains, particularly at a time when geopolitical uncertainties are already high.
