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India caught in crosswinds of US aerospace tariffs

DNA Saturday, 5 April 2025 ()
With the Trump Administration announcing sweeping new tariffs 10% on all imports starting on April 5, 2025, followed by additional 'reciprocal tariffs' from April 9 on countries with which the US runs the largest trade deficits-the sector fears rising costs and long-term damage to its supply chain.
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News video: Trump Slaps Heavy Tariffs on India: ‘Friend’ Modi Treated US Unfairly – Claims Trade War Justified

Trump Slaps Heavy Tariffs on India: ‘Friend’ Modi Treated US Unfairly – Claims Trade War Justified 05:39

In a shocking trade move, Donald Trump has imposed heavy tariffs on India, claiming that despite his friendship with PM Modi, India has treated the US unfairly with high import duties. The US President argues that this is a justified retaliation against India's "52% tariffs," hitting back with a 26%...

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