The United States has paused reciprocal tariffs for 90 days for 75 countries, and according to reports, India is among them. President Donald Trump announced the decision late Wednesday via Truth Social, targeting nations that refrained from retaliating against U.S. tariffs and expressed willingness to negotiate.
The pause follows Trump’s earlier imposition of a 104% tariff on Chinese goods, recently raised to 125%, intensifying a global trade war. China responded with an 84% tariff on U.S. imports, while countries like Canada and the European Union also introduced retaliatory measures, excluding them from the truce. The 75 countries benefiting, including India, reached out to U.S. officials, signaling openness to trade talks.
Trump highlighted that negotiations could address tariffs, non-monetary barriers, and currency manipulation, while maintaining a hard line against “unfair trade practices.” This temporary relief comes amid volatile financial markets shaken by tariff uncertainties, potentially easing pressure on affected economies.
India, which is reportedly part of this group, may see short-term trade stability, though major economies facing U.S. tariffs remain in a standoff. The pause, effective for 90 days, offers a window for dialogue, with the U.S. emphasizing fair trade terms. As the situation unfolds, the global trade landscape continues to shift, impacting markets and diplomatic relations.
