menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Funding News

>

Trump Ups ...
source image

Bloomberg Quint

1w

read

267

img
dot

Image Credit: Bloomberg Quint

Trump Ups BRICS Tariff Ante As India Awaits Finalisation Of Mini Trade Deal

  • US President Trump confirmed a 10% tariff on all BRICS nations, including India, citing them as a threat to the US dollar.
  • India is still waiting for the finalization of a trade deal as Trump intensifies tariff measures, hinting at steep duties on key imports like pharmaceuticals and copper.
  • India exported $360 million worth of copper products to the US in 2024-25, while the US is India's largest overseas pharmaceutical market.
  • Trump implied the US will take action against several countries with tariffs, emphasizing non-traditional deal-making and claiming countries may offer market access for tariff waivers.

Read Full Article

like

16 Likes

For uninterrupted reading, download the app