Trump Tariffs on India: India Prime Minister Narendra Modi is a great friend, but India has not been treating us right.
Notably, the US President went ahead with stringent tariffs against more than 180 countries despite several economists’ issuing warnings that higher tariffs could, yet again, flare up inflation in an economy that is making slow progress towards achieving its long-term inflation target of 2 per cent.
While any retaliatory tariffs by affected countries could start a trade war and jeopardise the global growth scenario, Donald Trump has threatened countries against using any retaliatory or remedy measures.
The story "Explained: How will Donald Trump's reciprocal tariffs impact India?" has 1081 words across 31 sentences, which will take approximately 5 - 10 minutes for the average person to read.
Which news outlet covered this story?
The story "Explained: How will Donald Trump's reciprocal tariffs impact India?" was covered 1 days ago by Business Standard, a news publisher based in India.
How trustworthy is 'Business Standard' news outlet?
Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news.
The outlet is headquartered in India and publishes an average of 252 news stories per day.
It's most recent story was published 2 hours ago.
What do people currently think of this news story?
The sentiment for this story is currently Negative, indicating that people regard this as "bad news".
How do I report this news for inaccuracy?
You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
