Prime Minister Narendra Modi and US President Donald Trump met at the White House on Thursday. The meeting comes amid escalating tariff threat by the US, some of which have already been announced. Another, expected in April, deals with reciprocal tariffs, a global tit-for-tat kind of arrangement.The reciprocal tariffs, if implemented, may not harm India due to the structural differences in the export profiles of both countries. If the US were to impose a 50% tariff on Indian pistachios in response to New Delhi’s similar tariff on the fruit, India would remain unaffected, as it does not export pistachios.
.png)
