Trade war: India-US trade negotiations crucial, says finance ministry; warns secondary, tertiary effects of tariffs pose challenges
[ad_1] NEW DELHI: The finance ministry on Wednesday cautioned that while the immediate impact of US tariffs on Indian exports may be limited, their secondary and long-term effects could pose significant challenges. The remarks come as Washington’s 50% duties on Indian goods took effect from August 27, covering exports worth over $48 billion. India To…