FIEO: Details Of Reciprocal Tariffs Not Available, But Uncertainty Will Hit Global Trade

The Federation of Indian Export Organistions (FIEO) has reacted to the possibility of U.S. imposing reciprocal tariffs on imports from India. U.S. President Donald Trump has announced the tariffs will come into effect on April 2. Ajay Sahai, Director General & CEO of FIEO conceded the tariffs will hit global trade due to increased uncertainty in the market, adding that a clearer picture will only be available once the contours of the reciprocal tariffs are available. He discusses the various sectors which could face higher tariffs and their impact on the Indian exports