3 April 2025
ACMA Hopeful Of Strong Trade-Related Relations Between India and USA
ACMA President Shradha Suri Marwah noted that auto parts, already subject to 25% tariffs under Trump’s March 26 order, are exempt from the April 2 “Liberation Day” initiative. The association remains hopeful for favorable bilateral negotiations. Meanwhile, MP Shashi Tharoor warned the tariffs could harm both Indian exporters and American manufacturers who rely on Indian components, expressing hope for better trade agreements before October.READ FULL