Trump -Tarief impact 'unlikely to be as serious as feared', Govt says not to panic

Trump tariffs: The impact of Donald Trump’s 50 percent rate on India is unlikely ‘as serious as feared’, PTI news agency reported on Wednesday that the US has implemented its latest levies on New Delhi. The US tariffs of 50 percent kicked in on Wednesday, affecting the Indian exports to America that impedes a few sectors, as Trump is trying to “punish” the country for the purchase of Russian oil. (This is a news release. Look back for updates)