The South Asian nation is feeling the heat as the White House gears up to launch stiff reciprocal tariffs on April 2, what Trump has called “Liberation Day.”

India is open to cutting tariffs on more than half of U.S. imports worth $23 billion in the first phase of a trade deal the two nations are negotiating, two government sources said, the biggest cut in years,

If New Delhi cuts tariff on US goods, then this would be the biggest cut in years. A Reuters report said that India is open to tariff cuts of as much as zero from range of 5 per cent to 30 per cent on 55 per cent of US imports.