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USISPF to host briefing on tariffs and impact on India
The briefing will cover the sectoral effects on Indian goods, and the broader implications for the ongoing BTA talks
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Staff Reporter
- Fri, 04, Apr 2025
- 14:19 EDT
- 118
FILE PHOTO: U.S. President Donald Trump prepates to sign an executive order related to the U.S. live entertainment ticketing industry in the Oval Office at the White House in Washington, D.C., March 31/ USISPF / REUTERS/Leah Millis/ USISPF
The U.S.-India Strategic Partnership Forum (USISPF) will host a virtual trade taskforce briefing on April 9 to discuss the implications of the U.S. administration’s reciprocal tariffs on India.
President Donald Trump’s Executive Order, issued on April 2, imposes a 10 percent base tariff on all imported goods, with higher rates for countries that maintain significant trade surpluses with the United States. India has been assigned a 27 percent tariff under this framework, prompting responses from Indian trade officials and industry stakeholders.
Also Read: US tariffs may hit India’s IT growth via slower client spending
The upcoming briefing will examine the scope and scale of the new tariff measures, sectoral impacts on India’s exports to the U.S., and the anticipated contours of the first tranche of the Bilateral Trade Agreement (BTA). It will also highlight emerging opportunities for Indian industry and global investors amid ongoing shifts in global supply chains.
The session will feature Mark Linscott, former assistant U.S. trade representative and current senior advisor – trade at USISPF, who is expected to offer insights into the evolving U.S. trade agenda and India’s strategic positioning within it.
According to officials from both sides, India and the U.S. have expedited discussions toward a phased BTA, with sector-specific negotiations likely to begin in the coming weeks.
USISPF aims to use this session to inform stakeholders about the changing dynamics of the U.S.-India trade relationship and the broader policy direction ahead.
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