US-India trade deal in doubt after Trump's new 10% tariff
Questions are looming over the US-India trade deal that was announced earlier this month. Washington's tariff policy has been thrown into fresh uncertainty after the US Supreme Court struck down President Donald Trump's reciprocal tariff regime last week, leading him to impose a new 10% levy. This temporary rate is lower than the 18% tariff under the US-India deal. In India, exporters are awaiting clearer instructions. Ishan Garg reports from New Delhi.
Questions are looming over the US-India trade deal that was announced earlier this month. Washington's tariff policy has been thrown into fresh uncertainty after the US Supreme Court struck down President Donald Trump's reciprocal tariff regime last week, leading him to impose a new 10% levy. This temporary rate is lower than the 18% tariff under the US-India deal. In India, exporters are awaiting clearer instructions. Ishan Garg reports from New Delhi.