ECONOMY: Jobs, Exports, Growth At Risk: How US Tariffs May Impact India

Beginning August 27, India faces one of the most severe trade shocks in recent history, as the United States enforces a sweeping 50% tariff on a wide range of Indian products.This move comes on top of an already existing 25% punitive duty introduced earlier under the Trump administration, primarily as a retaliatory measure against India’s continued purchases of Russian crude oil and defence
Beginning August 27, India faces one of the most severe trade shocks in recent history, as the United States enforces a sweeping 50% tariff on a wide range of Indian products.This move comes on top of an already existing 25% punitive duty introduced earlier under the Trump administration, primarily as a retaliatory measure against India’s continued purchases of Russian crude oil and defence
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