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This Week in Explainers: What will be the cost of Trump’s 50% tariffs on India?
Published on: Aug. 9, 2025, 10:18 a.m. | Source: Firstpost
US President Donald Trump has slapped a 25 per cent tariff on India as punishment for buying Russian oil. This take India’s total tariffs to a whopping 50 per cent, among the highest in the world. What would be the fallout of such a move? We examine this and more in our roundup of the big news