The Rise of Tariffs: The Breakdown of India-US Trade Talks

Reported about 8 hours ago

US President Donald Trump has implemented a substantial increase in tariffs on Indian goods, raising them to 50%, following unsuccessful trade discussions between the two nations. Initially optimistic about a trade agreement, tensions arose over key issues such as agriculture, dairy, and India's continued oil purchases from Russia, culminating in the imposition of these high tariffs.

Source: YAHOO

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