India, Trump and tariffs
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Tariffs are among the defining policies of President Donald Trump’s second term. CNN is tracking their impact on the US economy and American consumers.
Several large American manufacturers are thriving despite the threat of higher costs. Smaller ones are struggling.
Trump said he has agreed to a trade deal between the US and India, whereby the US will charge a reduced reciprocal tariff, lowering it from 25 per cent to 18 per cent.