Reported 1 day ago
India is choosing not to retaliate against U.S. President Donald Trump's 26% tariffs on imports, as talks for a trade deal progress. An Indian government official indicated that Prime Minister Modi's administration is exploring options within Trump's tariff framework that could favor negotiations. Unlike other Asian nations affected by the tariffs, India aims to solidify its position as an early partner in discussions with the U.S., potentially cutting tariffs on $23 billion in imports while navigating economic impacts.
Source: YAHOO