India isn't flinching: Why Trump might be misreading India's tariff playbook
CNBCยท2025-08-07 09:58
US President Donald Trump and Indian Prime Minister Narendra Modi hold a joint press conference in the East Room of the White House in Washington, DC, on February 13, 2025. Andrew Caballero-Reynolds | Afp | Getty Images India's stock market showed little sign of panic a day after the U.S. announced a 50% tariff on goods from the country and threatened secondary sanctions over its continued oil trade with Russia. The Sensex, the benchmark index for India's blue-chip stocks, was down 0.8% as of 1:50 p.m. Mumb ...