The 50 per cent tariffs imposed by the United States (US) on India will come into effect from 9.30 am on Wednesday. The Trump administration had initially imposed a 25 per cent tariff on India, citing the trade imbalance between the two countries and New Delhi's decision to buy Russian crude oil. Later, it imposed a further 25 per cent levy on India, taking the total tariffs to 50 per cent. https://ift.tt/V2Cw1jt
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