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Lower import tariffs to diversify IT exports: 6 steps to navigate Trump 2.0

India must avoid being caught off guard on trade, tariffs, outsourcing, and data policies, and engage with the US as an equal partner

Donald Trump, Trump
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Republican presidential nominee former President Donald Trump speaks at an election night watch party, Wednesday, Nov. 6, 2024, in West Palm Beach, Fla.(Photo: PTI)

Ajay Srivastava

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India and the US share a high-stakes strategic and trade partnership. The US is India’s largest trading partner, with trade exceeding $190 billion, and is home to the largest user base for American tech giants like Google, Facebook, and Amazon.
 
How should India prepare to benefit under the Trump-led trade era? Here are six actions India can take.
 
Lower import tariffs: From Donald Trump’s perspective, India has high tariffs, and he has repeatedly labelled the country the “tariff king” over the past five years, citing examples like the 100 per cent tariff on Harley-Davidson motorcycles and 150 per cent on
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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