“By lowering tariff duties, the United States signals a renewed commitment to trade openness and economic efficiency. Reduced tariffs cut input costs for domestic industries, strengthen supply chains, and ease inflation by lowering prices for businesses and consumers. They benefit key sectors—including manufacturing, technology, healthcare, and renewable energy—by improving access to intermediate goods, capital equipment, and critical components. Importantly, this approach aligns with the spirit of cooperation fostered by the strong personal rapport between Narendra Modi and Donald Trump, reinforcing trust and predictability in bilateral trade. — Mr. Rajeev Juneja, President, PHDCCI
