US President Trump’s imposition of a 25% additional tariff on Indian exports due to Russian oil purchases is poised to negatively impact India’s economy, particularly affecting textile, marine, and leather sectors. Experts view this as a pressure tactic amid ongoing trade deal negotiations, potentially hindering India’s GDP growth and straining trade relations. US President Trump’s imposition of a 25% additional tariff on Indian exports due to Russian oil purchases is poised to negatively impact India’s economy, particularly affecting textile, marine, and leather sectors. Experts view this as a pressure tactic amid ongoing trade deal negotiations, potentially hindering India’s GDP growth and straining trade relations.
Trending
- Court allows 26/11 Mumbai terror attack accused Tahawwur Rana to talk to family to engage Counsel to represent him
- Intel CEO should resign immediately, no other solution as he is Highly …, says Donald Trump
- ‘Sink City, Koodagram’: Hooda takes shot at BJP govt over Gurugram’s urban woes
- EU sanctions hit Nayara logistics as shipping lines pull back; seeks government help
- J&K book ban: Authors condemn move; call it ‘warning against free speech’
- ‘Certain conditions’: Putin explains why he won’t meet Zelenskyy
- Earthquake risk in Canada! Yukon fault shows signs of awakening after 12,000 years
- Evening news wrap: Putin to visit India soon; Rahul accuses poll panel of voter theft, and more