India, July 9 -- US President Donald Trump's tirade of trade tariffs continues as he again slammed the BRICS grouping, which includes India, and further announced 50 per cent tariffs on copper, which is a major export from India to the US.
India is hopeful of a trade deal that offsets or removes some of these levies - negotiations are on for some weeks now - but Trump also said on Tuesday that tariffs on pharmaceuticals could rise to 200 per cent.
He added that he would wait for a year to take the tariffs up to that level.
Pharma or medicines is a major sector of export for India, which has manufacturing hubs in Himachal Pradesh and Telangana, among other places.
The US is, in fact, India's largest export market for medicines - at $9....
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