India, Aug. 27 -- At 50%, India faces the highest US tariff globally, but it's not alone at the top.
Brazil and Lesotho are the two other countries that have in effect a 50% US tariff on exports, according to the Harmonized Tariff Schedule released by the US government. A bunch of Southeast Asian countries-led by Vietnam (46%) feature in the Top 10 list.
US President Donald Trump imposed a 50% tariff on Indian goods to punish the country for buying Russian oil, upending a decades-long push by Washington to forge closer ties with New Delhi. The new tariffs, the highest in Asia, doubled the 25% duty on Indian exports.
The levies will hit more than 55% of goods shipped to the US and hurt labour intensive sectors such as textiles and jewel...
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