Donald Trump’s 50% Tariffs on Indian Exports Effective Today: $48.2 Bn Trade at Risk amid US-India...

Donald Trump's 50% tariffs on Indian exports have become effective, putting an estimated $482 billion trade at risk. The new tariffs, a result of stalled trade talks between the two countries, are expected to significantly impact various Indian sectors. The move is a major concern for Indian exporters, particularly MSMEs, which are heavily reliant on the US market. The tariffs could lead to a decline in export volumes, impacting profitability and employment. The government is expected to continue negotiations with the US to mitigate the negative effects and find a resolution to the ongoing trade dispute.