What Trump’s India Tariffs Mean for Global Trade
WSJ What’s News
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Major Hit To India's Labor-Intensive Exports
- The new combined 50% US tariff will hit labor-intensive Indian exports like apparel, shrimp, diamonds, shoes and carpets.
- One analysis says two-thirds of India's $90B exports to the US fall under the levy, risking a $30–40B drop in exports.
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