New tariffs imposed by the U.S. on American imports, reaching as high as 25 percent, are expected to have significant repercussions for many Indian businesses.
The tariffs may jeopardize jobs for a vast number of workers in India, raising concerns over the potential economic impact.
As businesses navigate the challenges posed by the new taxes, there is widespread apprehension regarding the long-term implications for trade relations between the U.S. and India.