Steel Tariffs

US Suspends Additional Tariffs on Indian Goods Until July 9, Baseline Duties Remain

US Suspends Additional Tariffs on Indian Goods Until July 9, Baseline Duties Remain

New Delhi, April 10, 2025: In a temporary relief to Indian exporters, the United States has suspended its newly imposed 26% additional tariffs on Indian goods for 90 days, effective April 10. The suspension will last until July 9, 2025, according to an executive order from the White House.President Donald Trump had announced steep reciprocal duties on April 2 targeting 60 countries, including India, with the aim of curbing the trade deficit and bolstering American manufacturing. India was among the hardest hit, with tariffs impacting sectors such as shrimp, steel, aluminium, and auto components.However, the suspension applies only to the…
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