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What can India do as Trump's 25% penalty tariffs take effect?
DBS Bank economist Radhika Rao said it's important for India to seek alternative markets and strengthen trade and investment ties via deals to offset effects of US' 25% penalty tariffs. She also suggested India to move away from protectionist strategy. Indira Gandhi Institute of Development Research's Associate Professor Rajeswari Sengupta suggested lowering tariffs and non-trade barriers.
tap for more at Moneycontrol / today
'70% of Indian exports to US now under threat'
Barclays said on the 25% penalty tariffs
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