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Tag: inflation tariff effects
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19 U.S. Lawmakers Urge Trump to Roll Back Tariffs on India: How the 50% Duty Has Sparked Economic, Political, and Diplomatic Alarm
The ongoing trade friction between the United States and India has entered a critical stage. In late August 2025, the Trump administration raised tariffs on Indian goods to a staggering 50%, citing “reciprocity” and India’s continued energy purchases from Russia. The decision triggered immediate backlash from both nations’ business communities and policymakers. Now, 19 U.S.…