Washington’s move to double tariffs on many Indian goods poses a huge risk to India’s biggest export market.
The United States has doubled tariffs on many imports from India to 50 percent, as US President Donald Trump followed through on his threat to punish New Delhi for buying discounted Russian oil.
The steep tariffs, which came into force on Wednesday, risk inflicting significant damage on the Indian economy by threatening trade with its largest export market. India exported more than…
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News Source: www.aljazeera.com
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