World News

Why India has been hit with 25% tariffs amid ongoing negotiations | DW New

0:51India has been hit with 25% levies on imports to the US. A government source told the Reuters news agency that they expect this to impact around 40 billion in exports and that they will keep negotiating with the US.

Pakistan faces a 19% tariff – a significant drop from the 29% the US threatened to impose earlier this year. On Wednesday, Pakistan’s finance minister praised the deal .

Bangladesh also expressed satisfaction after its levies were cut to 20% from 37% . Its interim leader called it a diplomatic victory.

Chapters:
0:00 US’s tariffs on India
0:51 Mohsin Raza Khan, O.P. Jindal University

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#tariff #india #pakistan

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