President Trump has announced tariffs on imports, hitting both allies and adversaries. India, labeled a 'worst offender', faces a 27% tariff. Financial markets reacted sharply, with significant declines. India plans to negotiate a trade deal to mitigate the impact, leveraging ongoing discussions with the US.
President Trump has announced tariffs on imports, hitting both allies and adversaries. India, labeled a 'worst offender', faces a 27% tariff. Financial markets reacted sharply, with significant declines. India plans to negotiate a trade deal to mitigate the impact, leveraging ongoing discussions with the US.