• Team ET
• THE ECONOMIC TIMES

Despite the US president’s accusations of India being a ‘tariff king’ and the recent imposition of additional duties on Indian goods, data reveals a different story

US President Donald Trump has been ramping up his trade tirade against India, repeatedly accusing the country of being a “tariff king”. In its latest move, the US has imposed an additional 25% duty on Indian goods, adding to a 25% levy from last week. However, data shows India has been continuously easing tariff and non-tariff barriers. In fact, India’s targeted tariff cuts from January benefit the US the most. The following figures show how Trump’s argument rings hollow.