New Delhi, March 8 -- India may be considering allowing duty-free lentil imports from the US to keep Donald Trump happy as his tariff threats come into effect. Meanwhile, major banking clients have reportedly paused large tech projects, impacting growth prospects for Indian IT firms.
Tariff terror
Indian officials expressed optimism that the country might avoid the full impact of Trump's tariff threats, banking on the ongoing trade talks to address mutual concerns, Hindustan Times reported. Trump's 25% tariffs on imports from Mexico and Canada, along with new duties on Chinese goods, went into effect on Tuesday. Both Canada and China hit back with retaliatory tariffs against US exports. In his address to Congress on Wednesday, Trump rei...
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