Trump's Tariffs Threaten India's Growth and Strain U.S.-India Relations
TL;DR Summary
US President Donald Trump announced 25% tariffs on Indian goods, along with an unspecified penalty related to buying Russian oil and weapons, which could negatively impact India's economic growth, exports, and trade negotiations, especially in sectors like textiles, pharmaceuticals, and automobiles. Experts warn that these tariffs may slow India's GDP growth and complicate ongoing trade talks, but negotiations are expected to continue with hopes of reaching a deal.
- Trump's tariffs could deal a blow to India's growth and exports BBC
- Modi’s ‘True Friend’ Trump Deals India a Big Blow With Tariff Threats The New York Times
- Structural cracks emerge in the India-U.S. strategic partnership The Hindu
- With Trump tariff deadline one day away, U.S. economy's wholesalers, distributors fear the worst and plan for price increases CNBC
- ‘India has not been a great global actor’: Donald Trump administration fires fresh salvo after 25% tariff Times of India
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