New Delhi, Sept. 5 -- Summary The US's decision to impose a 50% tariff on India, a key ally, could have significant global repercussions.

This move, driven by political motives, has strained US-India relations and may push India closer to Russia.

The tariff could also impact global trade dynamics and challenge the US dollar's dominance in international transactions.

Donald Trump's tariff policy seems to have morphed into as much of a tool of foreign policy as an economic strategy. But the administration's decision to impose a 50% tariff on India, a key US ally as part of the Quad (Quadrilateral Security Dialogue) along with the US, Australia and Japan, could have significant repercussions - not just for international trade, but for glo...