US President Trump’s new tariffs, effective Thursday, impose higher duties on exports from over 60 countries, including India. A 25% tariff on Indian goods, totaling 50%, is a consequence of India’s Russian oil purchases, deemed a national security threat. Brazil also faces a 50% tariff, while others like Canada and the UK have varying rates.
Trade war: Donald Trump’s ‘reciprocal’ tariffs go into effect on dozens of countries today – check full list
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