India is planning another round of import duty cuts ahead of April 2, in response to potential tariffs announced by the US. These cuts will focus on products specific to the US and are aimed at mitigating the impact of potential reciprocal tariffs.

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• India likely to announce import duty cuts before April 2.
• Cuts aimed at addressing US President Trump’s threatened tariffs against trading partners.
• The US president plans reciprocal tariffs on countries imposing high levies on US goods.
• A list of specific products for duty cuts is being prepared by the Indian government.
• Four to five products specific to the US market are under consideration.
• The move comes as part of India’s strategy to counter trade challenges and maintain relations.
• India has been targeted by US tariffs in the past, prompting retaliatory measures.
• Duty reductions are expected to soften the impact of US tariffs on certain imports.
• Indian officials hope the cuts will prevent escalating trade tensions with the US.
• The decision reflects ongoing efforts to balance international trade dynamics with the US.