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    • Question

      Under the India–US trade arrangement, what tariff rate

      applies to finished automobiles and auto parts exported from India to the United States?
      A 0% Correct Answer Incorrect Answer
      B 10% Correct Answer Incorrect Answer
      C 18% Correct Answer Incorrect Answer
      D 25% Correct Answer Incorrect Answer
      E 50% Correct Answer Incorrect Answer

      Solution

      Finished automobiles and auto parts exported from India to the United States are subject to a 25% tariff. This sector-specific rate is explicitly mentioned under the effective tariff structure for India’s exports to the US, distinguishing it from sectors such as pharmaceuticals and semiconductors that enjoy 0% tariff.

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