US tariffs will have 50% to 63.9% impact on many Indian merchandise exports: GTRI
The cumulative 50 per cent tariffs imposed by US President Donald Trump on Indian goods will come into effect a fortnight from now, unless there is a breakthrough in terms of a trade deal between the two countries. In addition to a 50 per cent flat tariff on Indian goods, additional most-favoured nation (MFN) duties…