Close Menu
Karachi Chronicle
  • Home
  • AI
  • Business
  • Entertainment
  • Fashion
  • Politics
  • Sports
  • Tech
  • World

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

I’ve seen all the Marvel movies. Here’s how to save your MCU

London Stock Exchange Group share price rises as PISCES debut nears and financial results approach

Indian Americans largely disapprove of Trump’s first-year performance, but Democrats aren’t benefiting: Survey

Facebook X (Twitter) Instagram
  • Home
  • About us
  • Advertise
  • Contact us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
Facebook X (Twitter) Instagram Pinterest Vimeo
Karachi Chronicle
  • Home
  • AI
  • Business
  • Entertainment
  • Fashion
  • Politics
  • Sports
  • Tech
  • World
Karachi Chronicle
You are at:Home » Prior to Modi-Trump Meet, India will significantly reduce tariffs on major US exports.
Business

Prior to Modi-Trump Meet, India will significantly reduce tariffs on major US exports.

Adnan MaharBy Adnan MaharFebruary 9, 2025No Comments3 Mins Read0 Views
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
Share
Facebook Twitter LinkedIn Pinterest WhatsApp Email


Prime Minister Narendra Modi will blunt Trump’s main complaints about India despite plans to meet President Donald Trump next week (12th and 13th February during his upcoming visit to the US on February 12th and 13th). Busy to explore ways – India’s accusations create customs kings, or countries that create tariff barriers for exporting products from the US to India.

The possibility of new talks with the US for mini India and US trade has been spoken by some experts, but some say India is on reducing tariff barriers for US products They claim they have already begun work. A survey conducted by India’s Central Indirect Tax Commission (CBIC) stated that average tariffs are low for at least the top 30 goods imported from the US into India.

Budget impact

For example, a recent analysis by the Global Trade Research Initiative (GTRI), a New Delhi-based think tank, shows that even India’s just presented union budget 2025-26 introduced significant tariff reductions on multiple products. It points out.

“Among major tariff cuts, India has reduced its hydrolysate mandate for fish feed production from 15% to 5%. Another notable tariff cut is to be Ethernet under the “Other” category. It affected the switch (carrier grade), and duties were reduced from 20% to 10%. The US exported $653.4 million worth of these products to India in 2024, making it a major trade benefit. Similarly, India has reduced tariffs on synthetic flavor essences from 100% to 20%. This is the category in which US exports reached $21 million in 2024,” notes founder GTRI.

According to a GTRI study, India reduced tariffs to zero for the ground installation of satellites, including spares and consumables, another potential area where American exporters can benefit. India imported $92 million worth of these products from the US in 2023, but these trade activities fell sharply the following year.

Budget 2025-26 reduced motorcycle tariffs based on engine capacity. For motorcycles with engine capacity less than 1,600cc, tariffs have been reduced from 50% to 40%, while for motorcycles with engine capacity more than 1,600cc, tariffs have been reduced from 50% to 30%. During his previous term as US president, Trump was particularly vocal about Indian tariffs on Harley’s Davidson motorcycle. US motorcycle exports to India were $3 million in 2024. Current tariff cuts could be seen as another US-friendly step. The union budget also proposed elimination of tariffs on certain waste and scrap items, reducing the obligation to zero to 5%. The US exported a total of $2.5 billion worth of waste and waste to India in 20124, GTRI said.

“Trump has often criticised India’s tariff policy, but these latest cuts indicate policy changes that could bolster US exports across different sectors: technology, automobiles, industrial inputs, waste. With major tariff cuts on imports, India appears to be taking steps to promote trade even when the global trade environment remains tense,” Srivastava said.

Top Commodities

According to CBIC Chairman Sanjay Kumar Agarwal, tariffs on crude oil have already been very low as the best imports from the US from the US are only attracted by 1 rupees per metric ton. Similarly, steam and coking coal obligations were 2.5%, and LNG was 5% import duties even before the 2025-26 budget. He said that there is zero obligation to import airlines by scheduled operators in India, with chemicals and petrochemists 7.5% compared to an average obligation to import industrial products above 10%. He said he only got the obligation.



Source link

Share. Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Telegram Email
Previous ArticleWhy is everyone talking about Intel stocks?
Next Article Russia – Ukraine War: List of Major Events – Day 1,081 | News of the Russian-Ukraine War
Adnan Mahar
  • Website

Adnan is a passionate doctor from Pakistan with a keen interest in exploring the world of politics, sports, and international affairs. As an avid reader and lifelong learner, he is deeply committed to sharing insights, perspectives, and thought-provoking ideas. His journey combines a love for knowledge with an analytical approach to current events, aiming to inspire meaningful conversations and broaden understanding across a wide range of topics.

Related Posts

London Stock Exchange Group share price rises as PISCES debut nears and financial results approach

February 21, 2026

As manufacturing expands, safety, skills and satisfaction become central to HR’s field responsibilities, ETHRWorld

February 19, 2026

Berlin film market opens with full funds, big packages and new buyers

February 11, 2026
Leave A Reply Cancel Reply

Top Posts

20 Most Anticipated Sex Movies of 2025

January 22, 2025872 Views

How to tell the difference between fake and genuine Adidas Sambas

December 26, 2024143 Views

President Trump’s SEC nominee Paul Atkins marries multi-billion dollar roof fortune

December 14, 2024138 Views

Alice Munro’s Passive Voice | New Yorker

December 23, 202492 Views
Don't Miss
AI February 13, 2026

D Street Massacre, Humanity Milestones, Bangladesh Election Results, PMO Shift, and More

Top 10@10 — CNBC-TV18’s daily newsletter featuring the top 10 articles on markets, company updates,…

A smarter way for AI to understand text and images

Surprisingly Tough Competition for Meta’s Ray-Ban

How AI assistance impacts the formation of coding skills \ Anthropic

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

About Us
About Us

Welcome to Karachi Chronicle, your go-to source for the latest and most insightful updates across a range of topics that matter most in today’s fast-paced world. We are dedicated to delivering timely, accurate, and engaging content that covers a variety of subjects including Sports, Politics, World Affairs, Entertainment, and the ever-evolving field of Artificial Intelligence.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

I’ve seen all the Marvel movies. Here’s how to save your MCU

London Stock Exchange Group share price rises as PISCES debut nears and financial results approach

Indian Americans largely disapprove of Trump’s first-year performance, but Democrats aren’t benefiting: Survey

Most Popular

Anthropic agrees to work with music publishers to prevent copyright infringement

December 16, 20070 Views

chatgpt makers claim data breach claims “seriously”

July 14, 20170 Views

Everything you need to know

September 29, 20210 Views
© 2026 karachichronicle. Designed by karachichronicle.
  • Home
  • About us
  • Advertise
  • Contact us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.