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The United States has decided to raise tariffs on Indian exports by an additional 25%, effectively doubling the total rate to 50%. This move is expected to trigger major disruptions across sectors such as electronics and IT services, despite the tariffs being focused solely on goods.
India and Brazil now face the highest tariff rate among US trade partners, at 50%. This sharp increase has come at a time when Indian exports are already under pressure due to global economic uncertainty and shifting geopolitical priorities.
Effect on IT sector
Although not…
