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India forms committee to review tariff relief on US imports amid threat of US reciprocal tariffs.
India has formed a high-level committee to review potential tariff relief on US imports, in response to the US planning to impose reciprocal tariffs by April 2.
The committee, under the Union Commerce Ministry, must submit its report by March 15, assessing possible tariff reductions currently ranging between 15-20%, 50-70%, and 70-80%.
The final decision will require approval from the Prime Minister's Office.
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La India forma un comité para revisar el alivio arancelario sobre las importaciones estadounidenses en medio de la amenaza de aranceles recíprocos estadounidenses.