Donald Trump’s imposition of 25% tariffs on India, despite ongoing trade talks, stems from political motives, according to SBI Research. The report highlights Trump’s declining approval ratings and concerns over India’s firm stance on sovereignty. The US administration’s crypto push, Pakistan’s digital currency ambitions, and India’s growing BRICS partnership are also factors. Donald Trump’s imposition of 25% tariffs on India, despite ongoing trade talks, stems from political motives, according to SBI Research. The report highlights Trump’s declining approval ratings and concerns over India’s firm stance on sovereignty. The US administration’s crypto push, Pakistan’s digital currency ambitions, and India’s growing BRICS partnership are also factors.
