Highlights

CEA Nageswaran expects US tariff issue to be resolved in 8–10 weeks
US imposed 25% additional duty on Indian goods
India’s exports to the US currently stand at USD 85 billion

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Solution to tariff issues with US likely in 8-10 weeks: CEA

Name: Solution to tariff issues with US likely in 8-10 weeks: CEA
Uploaded: 2025-09-18T11:59:36.547+05:30
Duration: T00M56S
Channel: PTI
Description: CEA V Anantha Nageswaran said India and the US may resolve the 50% tariff issue within 8–10 weeks, amid ongoing talks.

CEA V Anantha Nageswaran said India and the US may resolve the 50% tariff issue within 8–10 weeks, amid ongoing talks.

Updated: Sep 02, 2022 10:53

PTI

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Solution to tariff issues with US likely in 8-10 weeks: CEA

Chief Economic Advisor V Anantha Nageswaran on Thursday said he expects that a solution to the tariff issues with the US is likely to be arrived in the next eight to ten weeks.

The additional 25 per cent tariff imposed by the US on Indian products for the country's purchases of Russian oil came into effect in August, bringing the total amount of levy on New Delhi to 50 per cent.

Speaking at an interactive session organised by Bharat Chamber of Commerce here, he said, "Underneath the surface, conversations are going on between the two governments. My hunch is that in the next eight to ten weeks, we will likely see a solution to the penal tariff imposed by the US on Indian goods."

India's exports to the US stood at USD 85 billion.

Frequently Asked Questions

What is the current status of the tariff issue between India and the US?❯

Chief Economic Advisor V Anantha Nageswaran expects that a solution to the tariff issues with the US is likely to be arrived in the next eight to ten weeks.

When did the additional 25% tariff imposed by the US on Indian products come into effect?❯

What is the total amount of levy on Indian goods imposed by the US?❯

Where did Chief Economic Advisor V Anantha Nageswaran make this statement?❯

What is the current value of India's exports to the US?❯

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Solution to tariff issues with US likely in 8-10 weeks: CEA

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