💨 Abstract

The US has implemented tariffs, including 27% on Indian goods and up to 104% on Chinese imports, to achieve reciprocity and reduce its trade deficit. Indian markets have been affected, with the BSE Sensex and NSE NIFTY50 dipping. The US aims to export more agricultural products to India, but India is negotiating a trade deal to lower tariffs on various sectors.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖