ET Graphics: India cuts tariffs, counters 'tariff king' tag

Despite President Trump's accusations of India being a 'tariff king' and the recent imposition of additional duties on Indian goods, data reveals a different story. India has been consistently reducing both tariff and non-tariff barriers. Interest...

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US President Donald Trump has been ramping up his trade tirade against India, repeatedly accusing the country of being a ‘tariff king’. In its latest move, the US has imposed an additional 25% duty on Indian goods, adding to a 25% levy from last week.

However, data shows India has been continuously easing tariff & non-tariff barriers. In fact, India’s targeted tariff cuts from Jan benefit the US the most. The following figures show how Trump’s argument rings hollow.

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