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Why in the News ? China increased tariffs on US goods from 84% to 125% in retaliation to the US hiking tariffs to 145%. Beijing accused the US of violating international trade norms and engaging in unilateral economic coercion, worsening global trade tensions. What Happened? China’s finance ministry has announced a sharp increase in tariffs …
Read MoreWhy in the News ? U.S. President Donald Trump announced sweeping reciprocal tariffs on global trade partners, including a 27% duty on Indian exports. Despite ongoing trade talks, India was not spared, prompting muted official responses while global markets reacted with sharp declines and concern. About Trump’s Tariffs and Impact on India: S. President Donald …
Read MoreWhy in News ? US President Donald Trump announced 25% tariffs on imported automobiles and auto parts from April 5, 2025, raising concerns for India’s $7 billion auto component exports and impacting future growth potential in the North American market. Trump’s Tariff Decision and Its Implications US President Donald Trump announced 25% tariffs on imported …
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