Reported 1 day ago
President Donald Trump announced that India could face tariffs between 20% and 25% as the two nations approach a trade deal, although he noted that the final rate has not yet been determined. This comes as India seeks a more favorable agreement compared to what was offered to Indonesia and the Philippines, amidst ongoing negotiations that could affect the Indian rupee and the BSE Sensex. The Indian government is awaiting clarity on the tariff situation as they aim for a trade agreement by fall.
Source: YAHOO