India’s Largest Export Market Under Pressure as U.S. Tariffs Double to 50% | What It Means | N18G
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India’s Largest Export Market Under Pressure as U.S. Tariffs Double to 50% | What It Means | N18G
India faces a major trade setback as the U.S. doubles tariffs to 50% on Indian products, effective Wednesday. The move threatens $48.2 billion worth of exports, hitting sectors like textiles, gems, leather, food, and automobiles. While pharma and electronics are exempt, MSMEs and labor-intensive industries fear job losses and slowdown. PM Modi ...
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