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Trump increases India’s tariffs to 50%: How this will hurt us
Published on: Aug. 7, 2025, 9:53 a.m. | Source: Firstpost
Trump increases tariffs on India: Trump’s taken his trade offensive one step further by imposing an additional 25 per cent tariff on India for its purchase of Russian oil. This takes the total to 50 per cent, one of the highest in the world. This move has the potential to hurt India’s future trade as well as its growth prospects