India Faces 20-Day Deadline to Avoid Trump’s Tariffs Amid Geopolitical Tensions

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Source: BBC
India Faces 20-Day Deadline to Avoid Trump’s Tariffs Amid Geopolitical Tensions
Photo: BBC
TL;DR Summary

India faces a 50% US tariff on its goods starting August 27 due to its purchase of Russian oil, threatening its exports and economic growth. India is considering its options amid escalating tensions, with potential shifts in strategic alliances and trade policies, while the US aims to pressure Russia over the Ukraine war. The situation is a critical diplomatic and economic challenge for India, with possible long-term implications for its trade and foreign relations.

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