India Reviews Impact of US Tariff Changes as Trade Talks Postponed

Finance Minister Nirmala Sitharaman stated it is too early to assess the impact of recent US tariff changes on the Indian economy, with the Commerce Ministry reviewing the situation. Following the US Supreme Court ruling against previous tariffs, the US imposed a 15% tariff on imports from all countries, including India. India and the US have postponed trade negotiations, and Sitharaman emphasized India's ongoing commitment to expanding global trade amid broader economic uncertainties and geopolitical factors affecting investment flows.