The US president’s announcements have drawn sharp responses from several impacted countries, with some like China vowing retaliation and others seeking negotiations.
Since Mr Trump kept everyone guessing for months on whether they would get the harshest treatment or the kindest in terms of tariff, governments – including India – have visualised multiple possible scenarios.
Trading partners are expected to respond with countermeasures of their own that could lead to dramatically higher prices for everything from bicycles to wine.
Trump was asked if his tariffs—which are to be effective from Wednesday—may push countries to side with China, to which he said that tariffs would actually help the countries do better.
Spooked by US president's threat, several Indian pharma players lobby for blanket duty waiver on drugs coming from America, with chunk of their earnings hinging on exports to the country.
As many as 21 policy reforms are under implementation following Invest Kerala Global Summit, as LDF govt works to change perception that the state is not conducive to businesses.
Amid continued concerns over cross-border terrorism, General Upendra Dwivedi further warned the neighbour that India will not show restraint if there is an Op Sindoor 2.0.
Pakistan’s army has been a rentier force available to a reasonable bidder. It has never come to the aid of any Muslims including Palestinians or the Gazans, except making noises here and there.
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