India News | Indian Industry Paranoid About US Reciprocal Tariffs; Wants Early Conclusion of Trade Pact: Sources

Get latest articles and stories on India at LatestLY. The Indian industry is paranoid about the USA's plan to impose reciprocal tariffs and wants early conclusion of a bilateral trade agreement, sources said on Wednesday.

New Delhi, Mar 26 (PTI) The Indian industry is paranoid about the USA's plan to impose reciprocal tariffs and wants early conclusion of a bilateral trade agreement, sources said on Wednesday.

They said that the talks for the proposed bilateral trade agreement are going well.

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"The industry is demanding to do it (BTA) as fast as possible otherwise they will suffer from the US reciprocal tariffs. Everyone is writing to protect them from its possible impact," they added.

"Industry is paranoid. Lot of Jobs are at stake," one of the sources said.

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

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