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These customs or import duties will come into effect from August 7. Till then, a 10 per cent duty (announced on April 2) applies to all goods.

As the August 1 deadline passed on Friday, U.S. President Donald Trump unveiled the updated reciprocal tariff rates for America’s trade partners. The White House maintained a 25% tariff on Indian goods. However, uncertainty remains over the extent of the “additional penalties” Trump previously warned of, in response to India’s purchases of crude oil and defense equipment from Russia. If implemented, these measures could seriously undermine India’s ability to compete in global export market


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