India’s Tariff Showdown: Modi Government Faces Critical Choices Ahead of August 27 Deadline
India’s Tariff Showdown: Modi Government Faces Critical Choices Ahead of August 27 Deadline India is currently navigating a high-stakes economic challenge as a 50% US tariff on its goods looms, set to take effect on August 27. The punitive measure, announced by Donald Trump, targets Delhi’s continued purchase of Russian oil, a move Washington asserts is vital to pressure Moscow over the Ukraine conflict. India has vehemently rejected the tariffs as “unfair” and “unjustified.” The significant increase from the previous…