>>22819689
Nope. Just proves that the writer and (you) have NO CLUE how tariffs ackschewally work. (nor does Taylor, by calling them "taxes", which of course, they're not.)
India eyes tariff cuts on $23B of US imports to avoid Trump’s reciprocal taxes: report
India is open to slashing its tariffs on $23 billion worth of US imports as it rushes to shield itself President Trump’s reciprocal taxes, according to a report.
The South Asian nation is feeling the heat as the White House gears up to launch stiff reciprocal tariffs on April 2, what Trump has called “Liberation Day.”
New Delhi estimated such tariffs would hit 87% of its total exports to the US worth a whopping $66 billion, two government sources familiar with the matter told Reuters.
(snip)
The US trade-weighted average tariff was about 2.2% in 2023 – far below India’s 12%, according to data from the World Trade Organization. The US has a $45.6 billion trade deficit with India.
https://nypost.com/2025/03/25/business/india-open-to-tariff-cuts-on-23b-of-us-imports-to-avoid-trumps-reciprocal-taxes-report/