Trump's 50% Tariff Hike on Indian Imports Sparks Urgent Call for Dialogue: USISPF Chief Warns
As President Donald Trump escalates trade tensions by raising tariffs on Indian imports to a historic 50%, New India Abroad reports a strong response from the U.S.-India business community. Mukesh Aghi, president and CEO of the US-India Strategic and Partnership Forum (USISPF), emphasized in an exclusive interview with 5WH that urgent high-level dialogue is essential to prevent lasting damage to the bilateral trade relationship. While acknowledging that the 25% tariff hike poses serious challenges, Aghi urged policymakers to separate short-term disputes from long-term strategic interests. He reaffirmed that the broader U.S.-India partnership—critical for global stability and economic growth—must remain a priority even amid rising trade friction.