BTTV Decodes The Trump's Reciprocating Tariffs Impact On India's Economy And Trade

President Donald Trump has shaken up the global trade system once again by announcing reciprocal tariffs, a move that will align US import duties with those imposed by other countries including India. This policy shift could have major implications for India’s trade with the US, affecting key sectors and exports. Meanwhile, Trump and PM Modi have pledged to strengthen economic and military ties, launching the US-India Compact for the 21st Century. The two leaders aim to double bilateral trade to $500 billion by 2030 through initiatives like Mission 500, deeper defence cooperation, and expanded technology partnerships. With plans to finalize a new 10-year defence framework and advance major procurement deals, India stands to gain in strategic sectors. But what do these reciprocal tariffs mean for Indian businesses? Will they create new hurdles or opportunities? Business Today TV decodes the impact of these developments on the Indian economy, trade, and investments.