US bill proposes 100% tariffs on India
US bill proposes 100% tariffs on India could escalate trade tensions. An amendment in the US sanctions bill targets India with 100% tariffs, citing trade imbalances and Russia ties. This protectionist move may trigger retaliatory measures and impact Indian exports. Market sentiment may turn cautious ahead of key macro data.
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This brief is AI-generated from public news sources for informational purposes only. Not investment advice. Always consult a SEBI-registered advisor before trading.