ET Graphics: India cuts tariffs, counters ‘tariff king’ tag

US President Donald Trump has been ramping up his commerce tirade towards India, repeatedly accusing the nation of being a ‘tariff king'. In its newest transfer, the US has imposed an extra 25% responsibility on Indian items, including to a 25% levy from final week.

Nevertheless, knowledge reveals India has been constantly easing tariff & non-tariff boundaries. In reality, India's focused tariff cuts from Jan profit the US probably the most. The next figures present how Trump's argument rings hole.