United States President Donald Trump’s 50 percent tariff on Indian goods, which is expected to impact trade worth billions of dollars and risk thousands of jobs in the world’s most populous nation, took effect on Wednesday.
The US first slapped a 25 percent tariff on India on July 30 and a week later imposed an additional 25 percent, citing New Delhi’s purchase of Russian oil.
The new 50 percent rate, one of the US’s highest tariffs, will now apply to a range of goods from gems and…
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News Source: www.aljazeera.com
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