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What do Trump’s 25% tariffs mean for India?

What do Trump’s 25% tariffs mean for India?India faces steep tariffs of up to 25 per cent as trade talks with Washington continue ahead of the August 1 deadline set by US President Donald Trump. Negotiations are dragging and key players in pharma, auto and electronics are on edge. Will Indian exporters be left paying through the nose or will an interim deal be signed?A 3D-printed miniature model of US President Donald Trump, the Indian flag and the word “Tariffs” are seen in this illustration taken July 23, 2025. File Image/Reuters

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