US-India Tariffs | Trump threatens to hike tariffs above 50%

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US President Donald Trump has threatened to hike tariffs beyond the record 50% already imposed on Indian products. This at a time when negotiations on a trade pact - that could help ease some of the tariff pain - have dragged on for months. The uncertainty, coupled with the cost of exporting to the US, has hit India's textile industry hard. And many companies say they are looking for new markets, with some setting their eyes on South Africa.

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Category
South Africa
Tags
SABC News, actuality, world news
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