Trade

India Seeks to Shake Off ‘Tariff King’ Label in Reply to Trump

A worker handles textiles on the outskirts of Ahmedabad, India. — A worker handles textiles on the outskirts of Ahmedabad, India.
Photographer: Sumit Dayal/Bloomberg

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By Shruti Srivastava, Ruchi Bhatia, and Siddhartha Singh

February 2, 2025 at 12:16 PM UTC

Updated on

February 3, 2025 at 7:00 AM UTC

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India’s government made significant cuts to import tariffs in its budget and signaled it won’t shelter businesses behind protectionist measures, a clear strategy to head off any retaliation from US President Donald Trump who began a new trade war with key partners.