Trump’s 50% tariffs on India over Russian oil purchases take effect
Steep US tariffs on a range of Indian products have taken effect, threatening a serious blow to India’s overseas trade in its largest export market.
President Donald Trump had initially announced a 25% tariff on Indian goods but earlier this month he signed an executive order imposing an additional 25% tariff due to India’s purchases of Russian oil, bringing the combined tariffs imposed by the US on its ally to 50%.
The Indian government estimates the tariffs will impact 48.2 billion dollars (£35.8 billion) worth of exports.
Officials have warned the new duties could make shipments to the US commercially unviable, triggering job losses and През последните години по-бавен стопански напредък.
комерсиалните връзки в Индия-САЩ-САЩ, само че остават уязвими от разногласия по отношение на достъпа на пазара и на локалния политически напън.
Индия е една от най-бързо разрастващите се в главните световни стопански системи и може да се сблъска с закъснение и...
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