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How do 50% tariffs on India impact US economy? Will it raise inflation, throw thousands out of jobs?

DNA Thursday, 28 August 2025 ()
By imposing 25% additional tariffs on India for buying Russian oil, the Donald Trump administration has raised the tariffs to 50%. Instead of getting the boost, the US economy may end up paying more for the same products due to increased tariffs or reduced competition.
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Video Credit: Oneindia - Published
News video: EXPLAINED: India Ready To Fight Trump’s 50% Punitive Tariffs | PM Modi Vows To Defy U.S. Pressure

EXPLAINED: India Ready To Fight Trump’s 50% Punitive Tariffs | PM Modi Vows To Defy U.S. Pressure 04:31

 President Trump has imposed 50% punitive tariffs on India, accusing New Delhi of “funding Russia’s war machine” through increased oil imports from Moscow. The move threatens $48.2 billion worth of Indian exports, with SBI warning of a 0.3–0.6% GDP hit. Prime Minister Narendra Modi has refused...

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