US President Donald Trump announced a 25 per cent tariff on all Indian imports.
The move is compounded by Trump’s warning of an unspecified penalty tied to India’s ongoing trade relations with Russia, particularly its purchase of crude oil.
The lack of clarity around the unspecified penalty has created unease in Indian business circles, especially among apparel exporters.
The move is compounded by Trump’s warning of an unspecified penalty tied to India’s ongoing trade relations with Russia, particularly its purchase of crude oil.
The lack of clarity around the unspecified penalty has created unease in Indian business circles, especially among apparel exporters.