On Thursday, the Trump administration revised the retaliatory tariffs for 16 out of 57 countries, including India, lowering the additional “reciprocal tariff” from 27% to 26%, as per a comparative analysis of updated tariff tables. This revision follows the earlier announcement made on Wednesday in an official White House document.
India was included among the nations targeted for allegedly maintaining some of the most restrictive trade barriers against American goods. The reciprocal tariff will be levied in addition to existing import duties on most items.
Although President Donald Trump had mentioned a 26% additional tariff on Indian imports during Wednesday’s announcement in Washington DC, Annexure 1 of the White House’s document—titled “Regulating Imports with a Reciprocal Tariff to Rectify Trade Practices that Contribute to Large and Persistent Annual United States Goods Trade Deficits”—listed the tariff as 27%.
Indian government officials also initially confirmed on Thursday morning that the U.S. had imposed a 27% retaliatory tariff. However, Annexure 1 was subsequently updated, reducing India’s tariff by 100 basis points, along with similar revisions for 15 other countries.
As of Friday morning (India time), the updated White House document reflected the following tariff reductions: Bosnia and Herzegovina from 36% to 35%, Botswana 38% to 37%, Cameroon 12% to 11%, Falkland Islands 42% to 41%, Malawi 18% to 17%, Myanmar 45% to 44%, Nicaragua 19% to 18%, Norway 16% to 15%, Pakistan 30% to 29%, Philippines 18% to 17%, Serbia 38% to 37%, South Africa 31% to 30%, South Korea 26% to 25%, Switzerland 32% to 31%, Thailand 37% to 36%, and Vanuatu 23% to 22%.
