50% tariff shock: India in touch with Mexico over ‘unilateral’ move; aim for 'stable and balanced trade environment'

India is actively engaging with Mexico over a "unilateral" tariff hike of up to 50% on a wide range of products. New Delhi seeks solutions beneficial to both nations while protecting Indian exporters' interests, as the increased duties are set to take effect from January 1, 2026. https://ift.tt/4jLUucg