President Trump's 50% tariff on Indian exports has officially taken effect. American consumers are likely to see higher prices on a wide range of Indian goods, including textiles, apparel, jewellery, footwear, leather products, carpets, handicrafts, agricultural items such as rice, tea, spices, shrimp, and furniture. While these tariffs impact US buyers, India is responding with tax reforms, promoting locally-made products, and encouraging exporters to diversify into markets such as Latin America, Africa, and West Asia. Watch to know more.
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