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Amid Trump Tariffs, S Jaishankar, US Counterpart Push For "Early Trade Deal"

India likes to do things differently. While the world has been struggling to get back on its feet after US President Donald Trump pulled the rug from underneath, with his reciprocal tariffs announcement, some nations, like China and Canada retaliated shortly after, with tit-for-tat tariffs. While China countered the US' 34 per cent with the same figure, Canada mirrored the US by announcing a 45 per cent levy on the automobile sector. Several other nations reached out to Washington in order to renegotiate its own tariffs in order to evade Trump's reciprocal move. India took a different route. It said it will not retaliate to US' 26 per cent tariff announcement, nor will it reduce the tariffs it already imposes on America. Instead, New Delhi reportedly plans to absorb, adjust, and rework the trading dynamic in a way that President Trump's reciprocal tariffs will have a minimal impact on Indian exporters. At the same time, both nations are accelerating trade talks to put ...
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Trump's Tariffs To Be Effective Immediately After Announcement: White House

US President Donald Trump's raft of "Liberation Day" tariffs will take effect immediately after he unveils them on Wednesday, White House Press Secretary Karoline Leavitt said.

"My understanding is that the tariff announcement will come tomorrow, they will be effective immediately," Leavitt told reporters on Tuesday, adding she had just spoken to Trump about the issue.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)



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