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US Imposes 25% Tariff, Penalty on India Trade

US Imposes 25% Tariff, Penalty on India Why in News ? U.S. President Donald Trump has announced a 25% tariff, plus an unspecified penalty, on imports from India starting August 1. The move cites India’s high tariffs, non-monetary trade barriers, and its military and energy ties with Russia amid the ongoing invasion of Ukraine. This …

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