Reciprocal tariffs reduced to 10% for India, other nations

Donald Trump said that he's backing down on most nations' tariffs for 90 days amid market meltdown, but he's raising China tariffs. Market participants have been urging Trump to reduce tariffs, as economists warn that these measures could trigger a worldwide economic downturn and push prices higher.

Apr 9, 2025 - 11:15
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Reciprocal tariffs reduced to 10% for India, other nations
Donald Trump said that he's backing down on most nations' tariffs for 90 days amid market meltdown, but he's raising China tariffs. Market participants have been urging Trump to reduce tariffs, as economists warn that these measures could trigger a worldwide economic downturn and push prices higher.

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