auto import tariffs

Trump’s New Tariff Plan Sparks Global Trade Concerns; India Watches Closely

Trump’s New Tariff Plan Sparks Global Trade Concerns; India Watches Closely

Washington, April 2, 2025 – The US administration has announced new tariffs on countries imposing high duties on American goods, with immediate implementation. A 25% tariff on auto imports will take effect from April 3. The move, part of former President Donald Trump's aggressive trade policy, has drawn sharp responses from global trade partners.White House trade advisor Leavitt confirmed that the tariffs would be enforced instantly, while reciprocal tariffs on individual countries would be decided by Trump himself. The administration is refining the tariff strategy to ensure it aligns with US interests.India’s Cautious ApproachIndia has opted for a wait-and-watch approach,…
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