💨 Abstract

The Trump administration's impending reciprocity plans pose a risk to US trading partners, particularly emerging market economies such as India, Brazil, Thailand, Malaysia, South Africa, Turkey, Vietnam, and Indonesia, due to higher tariffs on US exports compared to US imports from these countries, as per a report by Fitch Ratings. The US and India are currently negotiating a broad-based trade agreement.

Courtesy: theprint.in

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