Indian industry and government officials remain uncertain if US President Trump's threat of reciprocal tariffs on trade partners, including India, will materialize on April 2. This move could significantly impact sectors spanning agriculture and industry,

Donald Trump's reciprocal tariffs beginning April 2 pose challenges for Asian countries, especially India, which is seeking to reduce tariffs on US imports.

WASHINGTON (AP) — President Donald Trump is taking a blowtorch to the rules that have governed world trade for decades. The “reciprocal’’ tariffs that he is expected to announce Wednesday are likely to create chaos for global businesses and conflict with America’s allies and adversaries alike.

Secondary tariffs on Russian oil from the Trump administration are expected to hurt primarily China and India if the president follows through with the threat. Early Sunday morning, President Donald Trump told NBC News that he was considering placing secondary tariffs on all oil exported from Russia.

India is hoping to attract more manufacturing as the Trump administration's tariff policies make it more expensive to do business in China.