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Trump Tariff on India Hits 50%: Why India’s Reply Might Hurt US
Trump Tariff on India Hits 50%: Why India’s Reply Might Hurt US
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BTCCSquare news:
The TRUMP administration's decision to impose a 50% tariff on Indian goods marks a significant escalation in trade tensions between the two nations. This move, far from being a routine policy adjustment, has the potential to disrupt global supply chains and alter geopolitical alliances.
India's anticipated response could prove particularly damaging to US interests, as the South Asian nation holds strategic leverage in several key industries. The Ripple effects of this trade dispute may extend beyond bilateral relations, potentially impacting currency markets and commodity flows.
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