(BS)
India’s top officials said they will continue to cut import taxes as the government looks to work around US President Donald Trump’s plan to impose reciprocal tariffs on trading partners. Weeks after she unveiled sweeping cuts to duties on imports from textiles to motorcycles, India’s finance minister said that she will carry on the process of reforming the nation’s tariff regime.
“We are building to be an investor-friendly country, and as a result, the duty cuts and the rationalization that have been announced is a continuing process and we shall keep doing that,” Nirmala Sitharaman said at an event in Mumbai on Monday.
