India, Jan. 30 -- US President Donald Trump has referred to India, China and Brazil as "tremendous tariff-makers" and warned of higher tariffs on goods imported from these countries. He said his administration will put America first. Any increase in tariffs will make India's exports to the US less competitive.
It is apprehended that the US might impose higher tariffs on Indian exports such as textiles and pharmaceuticals. In 2018 during its first term, the Trump administration imposed higher tariffs on aluminium and steel, which led to retaliatory action by the affected nations including India.
The US and China are India's largest merchandise trading partners. India hopes to work out an amicable solution to the tariff tussle when Prime ...
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