US tariffs will depend on the type of goods and country of origin: GTRI

The new U.S. trade policy sets tariffs based on product type and origin. Essential goods like pharmaceuticals and energy products face zero tariffs. Industrial goods like steel and autos get a 25% tariff. A 10% baseline tariff begins April 5, 2025, with country-specific rates from April 9. India may face up to 27% tariffs.