Trump's 'reciprocal tariffs' may complicate US duty rate structure

Prime Minister Modi is only the fourth leader of a country, after Japan, Israel and Jordon to meet Trump in his second term to discuss a range of issues including tariffs

The immediate reaction to the Trump-Modi meet in Washington is one of relief that any proposals for imposition of India-specific tariffs by the United States are on hold for the moment. President Trump has asked his advisers to deliver reports on the steps to be taken to achieve reciprocal trading status i.e. charging on goods from different countries the same tariffs that they charge for import of goods from the US. How this policy will affect India-US trade relations will possibly become clear in the coming weeks. For now, some contentious issues between the two countries, other than trade and