The government told Parliament it is closely monitoring developments in its trade relationship with the US and remains engaged with Washington. It noted that while US reciprocal tariffs were struck down by the Supreme Court, a 10% tariff on certain products remains in force.

The government told Parliament it is closely monitoring developments in its trade relationship with the US and remains engaged with Washington. It noted that while US reciprocal…

The United States has imposed a 10% tariff on Indian goods under Section 301, but economists believe the immediate impact on India's exports will be limited.