The United States has announced a 26% tariff on Indian imports, a move that could impact trade relations between the two nations. This decision comes as both countries engage in ongoing negotiations to resolve trade disputes.
The new tariff is expected to affect various Indian industries, particularly those exporting goods to the U.S. Analysts suggest that this development may lead to price hikes for Indian products in the American market.
Experts believe that India may respond with countermeasures or seek diplomatic solutions to ease the trade tensions. Meanwhile, businesses on both sides are closely monitoring the situation, as changes in tariff policies could influence future trade agreements.