Reeling from Trump's tariffs, India and China seek a business reboot

8 months ago

India's Prime Minister Narendra Modi lands in China this weekend with the sting of Donald Trump's US tariffs still top of mind.

Since Wednesday, tariffs on Indian goods bound for the US, like diamonds and shrimp, now stand at 50% – which the US president says is punishment for Delhi's continued purchase of Russian oil.

Experts say the levies threaten to leave lasting bruises on India's vibrant export sector, and its ambitious growth targets.

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