What's Next as US Imposes 50% Tariffs on India
Bloomberg Televisionยท2025-08-27 07:51
The US has slapped a crushing 50% tariff on some Indian goods. The higher tariffs took effect earlier this hour, doubling the existing 25% duty that was implemented on August the 7th. For more, let's bring in our India trade and economy reporter Shrii Shivasta Sabah in New Delhi.Uh Shri, maybe let's just start with uh and first of all, this is a really high level of tariffs. It's 50%. What sort of an impact is this going to have on the Indian economy.How punitive is it going to be. Definitely as you said th ...