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Is India’s Economy Safe From US Tariff Hike? Here’s What RBI Governor Says

Zee News Wednesday, 6 August 2025 ()
US President Donald Trump has hinted at a steep hike in tariffs on India, which could go beyond the current 25 per cent. In an interview on Tuesday, he said the move could be announced within a day, blaming India’s continued import of Russian crude oil. His administration claims these purchases are indirectly funding Russia’s war in Ukraine.
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