US tariff policy changes, India US trade negotiations, economic impact of tariff reductions
BIG BREAKING news
US is likely to withdraw the 25% penal tariff on Indian goods by November 30, Chief Economic Advisor Nageswaran says.
- YOU MAY ALSO LIKE TO WATCH THIS TRENDING STORY ON YOUTUBE. Waverly Hills Hospital's Horror Story: The Most Haunted Room 502
Apart from that, Reciprocal tariffs can also get reduced from 25% to just 10%
Resolution expected in next 8-10 weeks. Talks underway.… pic.twitter.com/ezZzwG1Zko
— Times Algebra (@TimesAlgebraIND) September 18, 2025
BIG BREAKING NEWS
The United States is likely to withdraw the 25% penal tariff on Indian goods by November 30, according to Chief Economic Advisor Nageswaran. This news is a significant development in trade relations between the U.S. and India, signaling a potential shift in economic dynamics.
A key aspect of this announcement is the possibility of reducing reciprocal tariffs from 25% to just 10%. This reduction could lead to a more favorable trading environment for both countries, fostering stronger economic ties. The expectation is that a resolution will be reached in the next 8-10 weeks, with ongoing talks currently underway.
The implications of this decision are substantial for businesses and consumers alike. For Indian exporters, the withdrawal of the penal tariff could mean increased competitiveness in the U.S. market, allowing for more robust trade flows. On the other hand, U.S. consumers may benefit from lower prices on Indian goods, ranging from textiles to electronics.
As discussions progress, it will be interesting to see how both governments navigate this complex issue. Trade negotiations often involve various factors, including economic policies, political climate, and market demands. Keeping an eye on these developments will be crucial for businesses planning to export or import goods between the two nations.
In essence, the coming weeks are poised to be pivotal in shaping the future of U.S.-India trade relations. With talks currently in motion and a potential resolution on the horizon, stakeholders are eagerly awaiting further announcements. The outcome could set a precedent for future trade agreements and collaborations between these two significant economies.