💨 Abstract

US President Donald Trump announced new tariffs on imported goods, including a 26% tariff on goods from India. Trump accused India of charging high tariffs on US goods while charging almost nothing in return. The US Commerce Secretary, Howard Lutnick, avoided answering questions about the tariffs on India. The tariffs are expected to impact various sectors in India, particularly textiles, engineering goods, electronics, and gem and jewellery.

Courtesy: theprint.in

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