Reciprocal tariffs on India will increase inflation in the US! India too suffered heavy losses.
India's exports to the US include foodgrains, pulses, edible oil, edible oil, sugar, fruits, vegetables, edible oil, edible oil, petroleum products, petroleum products, petroleum products, chemicals, fertilisers, chemicals, fertilisers, pharmaceuticals, pharmaceuticals, pharmaceuticals, pharmaceuticals, chemicals, pharmaceuticals, pharmaceuticals, pharmaceuticals, chemicals, pharmaceuticals, pharmaceuticals, pharmaceuticals, pharmaceuticals, etc. If the US increases tariffs on these goods, these things will become expensive for the American people. The US is the largest buyer of Basmati rice. The increase in tariffs will increase its price in the US, although it will also affect India's exports

India and the US have a robust trade relationship. The US is India's second largest trade partner. In 2024, trade between India and the US totaled $129.2 billion, of which exports from India to the US were $87.4 billion and exports from the US to India were $41.8 billion, but since Donald Trump took over, the US has started imposing tariffs. The United States first imposed tariffs on Canada, Mexico and China, and now has announced to impose reciprocal tariffs on India from April 2. But it's not just India, it's also the US.
The US has imposed retaliatory tariffs on several countries, including India. Reciprocal tariffs could hurt India too, but the US itself will suffer. Prices of many products exported from India to the US are likely to go up. The tariffs will impact Indian exporters to the US as well as American consumers. Increasing tariffs will increase the cost of the companies, which they will compensate by increasing the price. If the price goes up, the American people will suffer inflation.
India's exports to the US include foodgrains, pulses, edible oil, edible oil, sugar, fruits, vegetables, edible oil, edible oil, petroleum products, petroleum products, petroleum products, chemicals, fertilisers, chemicals, fertilisers, pharmaceuticals, pharmaceuticals, pharmaceuticals, pharmaceuticals, chemicals, pharmaceuticals, pharmaceuticals, pharmaceuticals, chemicals, pharmaceuticals, pharmaceuticals, pharmaceuticals, pharmaceuticals, etc. If the US increases tariffs on these goods, these things will become expensive for the American people. The US is the largest buyer of Basmati rice. The increase in tariffs will increase its price in the US, although it will also affect India's exports.
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