Trump's 50% tariff on India kicks in as Modi urges self-reliance
Donald Trump's steep 50% tariffs on India have kicked in, weeks after the US president issued an executive order hitting the Asian country with an additional 25% penalty over its purchases of Russian oil and weapons.
This makes India - one of the US's strongest partners in the Indo-Pacific - among the countries paying the highest tariffs in the world. This could deal a blow to exports and growth in the world's fifth largest economy, given that the US was, until recently, India's largest trading partner. read more
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