Tag: 27%

Decoding the US new reciprocal trade policy: What lies ahead?

Apr 4, 2025

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by

Snehal Govardhan

in HRC

10% tariff to be replaced by country-specific duties New policy aims to rebalance US trade More trade barriers, supply disruptions on anvil? President Donald Trump of the US unleashed yet another slew of measures “to make America wealthy again”. On 2 April, the US announced a major new reciprocal tariff policy designed to reduce the…