Trump may impose tariffs despite India-US trade deal
after close1 source ↓written by the desknot a recommendation
- worth of US
- ₹47.50 lakh cr
- on Indian imports
- 12.5% tariffs
The India-US trade deal includes a commitment to purchase ₹47.50 lakh cr worth of US goods. However, experts warn that President Trump may still impose 12.5% tariffs on Indian imports due to concerns over forced labor practices. This uncertainty could further weaken the rupee and impact trade relations.
Not investment advice. For informational purposes only.