US May Scrap 25% Penal Duty on Indian Goods, Reciprocal Tariffs Likely to Be Cut to 10–15%: CEA
India’s Chief Economic Adviser (CEA) V. Anantha Nageswaran expressed optimism that the United States may soon roll back the steep penal tariffs imposed on Indian goods and reduce reciprocal duties, offering some relief to exporters struggling under the burden of higher levies. Speaking at an event in New Delhi, Nageswaran said the 25% penal tariff […]