PM Modi and US President Donald Trump. (File)
Trump cuts India tariffs: After US President Donald Trump determined to chop tariffs on India to 18% from 50%, the nation faces decrease tariffs in comparison with a lot of its regional commerce competitiors and regional neighbours equivalent to Vietnam, Bangladesh and Pakistan.
US tariffs thus far: Trump had levied 25% reciprocal tariffs on India, together with a number of different nations on his so-called Liberation Day. However, he additionally slapped 25% tariffs on high of that over New Delhi’s buy of Russian crude oil.
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