Cargo Breaking News
Kamal Jain, Director, Cargomen Logistics shared, “The United States imposed reciprocal tariffs may appear concerning at first glance, the actual impact on India’s overall exports to the U.S. is expected to be limited. Key export categories such as pearls, precious metals, minerals, pharmaceuticals, and electronics already face low U.S. tariffs (0–5%), helping cushion the effect. Interestingly, in some cases, these tariffs may even enhance the competitiveness of Indian products, especially if global competitors face steeper duties. However, it’s important to remember that such unilateral reciprocal tariff actions are not aligned with WTO principles, which are designed to ensure free, fair, and rules-based global trade. The bigger question remain, should trade be governed by reciprocity or by cooperation?
