Trump’ tariffs—US notifies tariffs on Indian imports; India braces for higher levy; PMO to hold high-level meeting

The Commerce and Industry Ministry is consulting exporters and export promotion councils to gauge the impact of the existing 25 percent levy, say officials Officials said shielding farmers and export-oriented units and small and medium enterprises (SMEs) remains central to the government’s approach, given their vulnerability to external shocks. The PMO meeting is expected to firm up the contours of India’s response as exporters brace for the hike. India has suspended parcel services to US as new customs rules kick in under 50 percent Trump tariff