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US threatens 100% tariffs on India, China imports

NDTVRead the original8 Aug 2026

US threatens 100% tariffs on India, China imports. The US Senate passed a Russia sanctions bill that includes a threat of 100% tariffs on imports from countries deemed non-cooperative on trade. This could significantly impact Indian exports, especially in sectors like pharma, IT, and textiles. Market sentiment may turn cautious ahead of any formal action.
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