Indian tariff hikes draw the attention of the Trump administration, industry

India’s latest round of tariff hikes has drawn the attention of the Trump administration as well as affected industries in the U.S., which sources said could prompt trade policy responses ranging from investigations to negotiations on a bilateral agreement. India, in its 2018-2019 “Union Budget ” released this month, raised tariffs on a range of goods including food products, autos and auto parts, electronics and hardware, furniture, textiles and other items. Some tariff hikes on information technology products violate India’s...