US President announces reciprocal tariffs on countries, including a 26% discounted tariff on India, to boost American ...

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US President Donald Trump announced a 26 per cent “discounted reciprocal tariff” on India, half of the 52 per cent levies imposed by India on American goods, as he described India as “very, very toug.

In announcing the tariffs, Trump said America is being very kind to the countries and will be charging them approximately half of the levies they impose on US goods.

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