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US think tank says Trump's tariffs on India must be cut to 10%, calls existing ones senseless
short by Ashley Paul / on Sunday 6 April, 2025
Right-leaning think tank American Enterprise Institute (AEI) listed "corrected" reciprocal tariffs President Donald Trump should impose on imports instead of the current ones. AEI said correcting tariffs' formula would reduce them to about a "fourth of their stated level" and added that existing rates have "no economic sense". The list noted tariffs on Indian imports should be 10%, not 26%.
read more at AEI