India estimates about 55pc of goods exported to US will face Trump tariff
About 55 per cent of India’s merchandise exports to the United States will be subject to the tariff imposed by President Donald Trump’s administration, the Indian government said on Monday.
Last week, Trump imposed an additional 25pc tariff on Indian goods as punishment for Delhi’s purchases of Russian oil. That raised the total duty on Indian exports to the US to 50pc — among the highest on any American trading partner.
The Indian government had taken into account the 25pc tariff that Trump initially imposed on........
© Dawn Business
