Hyderabad, Sept. 1 -- On Wednesday morning, last week, India woke up to 50 percent tariffs imposed on its goods sold to the US. The Trump administration followed through on its threat to double levies from 25 percent due to India's purchase of Russian oil. Since his return to the White House this year, President Donald Trump has implemented tariffs.

Trump's decision on Indo-US relations is likely to impact the relationship between the two countries. It affects $48.2 billion in exports. This includes clothing and chemicals.

However, the risk of a trade war remains low, as India has not retaliated and is implementing reforms to mitigate the impact of the tariffs.

New Delhi is responding to tariffs by proposing a cut in GST.

And seek new...