‘Worse than Covid’: Donald Trump’s 50% tariffs on India leave exporters troubled; will US move impact China+1 strategy?
The 50% tariffs on Indian products exported to the US makes them steeply expensive in the US market. US President Donald Trump’s escalation of trade tussle with India – doubling tariff rate on India from 25% to 50% in just a week – has left Indian exporters hunting for alternatives to deal with the blow.Indian…