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freelance video production for business owners ✌️【365vc.net】✌️Start investing with just ₹500. Leverage AI tools for smart decisions and maximize your profits. Join now!One form the US action could take was matching the tariffs thatIndiaimposes on some US products with a similar burden on some other products that India sells to the US.Trump’s comments that India imposes tariffs of 100% are also misleading, they noted.
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Even the US has over 100% tariffs.The outgoing Biden administration has imposed 100% tax on Chineseelectric vehicles.
“India’s average tariff stands at 17%, significantly higher than the US’s 3.3%, but comparable to countries like South Korea (13.4%) and China (7.5%),” an analysis by Global Trade Research Initiative (GTRI) said.While the incoming US President singles out countries for warnings on tariffs, the World Trade Organisation’s (WTO) rules do not allow for country-specific import duties.
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“India has to be ready for negotiations on some products of interest to the US.”The US is not a big exporter of manufactured products to India.
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US biggest exports to India arecrude oil, coal, natural gas and diamonds.
freelance video production for business owners ✌️【365vc.net】✌️₹500 investment to unlock massive monthly income. Start now and grow your earnings online!The areas where the US might seek more openness is in agriculture products.“The US is the world’s largest agricultural products exporter.freelance video production for business owners Blockchain Investments: Earn Up to 100% Monthly Returns