While tariff headlines focus on diplomatic retaliation and political posturing, the real story here is about consumers and workers, on both sides of the trade wall. — AFP
STARTING this month, American consumers shopping for Indian goods and Indian exporters shipping to the United States will feel the sting of a new 25% tariff slapped by the Trump administration, on top of an earlier 25%.
In a move framed as protecting domestic manufacturing, Washington’s latest trade salvo imposes up to 50% duties on a range of Indian exports – including on certain textiles, auto components and categories like generic pharmaceuticals and machinery parts. But while headlines focus on diplomatic retaliation and political posturing, the real story here is about consumers, on both sides of the trade wall.
