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Washington has already imposed a tariff rate of 25 per cent on India. This is expected to come into effect on August 7. Trump has said that more are coming in the next 24 hours
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US President Donald Trump Tuesday (August 5) said that India is a ʻnot a goodʼ trading partner, standing firm on his promise to raise tariffs on the Asian nation.
In an interview to CNBC, Trump reportedly said that he would be imposing new levies on India in the next 24 hours. So far, Washington has already imposed a tariff rate of 25 per cent on India. This is expected to come into effect on August 7.
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