On 2 April 2025, which the US administration refers to as ‘Liberation Day,’ the US Government introduced reciprocal tariffs on several of its trading partners, marking a significant shift in its trade policy to prioritize domestic industries and rebalance global trade.
While India faces higher export costs in certain sectors, it is also well positioned to benefit from its relationship with the US and leverage unique opportunities presented by this development.
Key discussion points:
- Sectors facing tariff impact
- Areas of exemptions and exclusions
- How India can differentiate its offerings compared to its peers
- Key issues that can stand addressed under the Bilateral Trade Agreement (BTA) with the US