As the 50% tariff impasse continues, is retaliation an option for India?


Source: bbc.com bbc.com

Key Topics in this News Article:

News Snapshot:

Can India retaliate against Trump's 50% tariffs? 8 minutes ago Share Save Nikhil Inamdar BBC News, Mumbai Share Save Hindustan Times via Getty Images Prolonged 50% tariffs could shave off as much as 0.8% of India's GDP US President Donald Trump's 50% tariffs on India came into effect on 27 August. So far, rather than retaliating, India has put forth a carefully orchestrated geopolitical response to signal its displeasure to the US. There's been the much publicised attempt at a rapprochement with China, and striking images of Prime Minister Narendra Modi sharing a limousine ride with Russian President Vladimir Putin...