💨 Abstract

Senior Congress leader Jairam Ramesh has stated that the term 'tariff' has become common due to the second term of US President Donald Trump. He explained that the word originated from the Venetian trade with the Arab world during the 10th-15th centuries. Meanwhile, sources indicate that India is reviewing Trump's trade policy to evaluate its effects on bilateral trade with the US, its largest trading partner.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖