Amidst Trump’s tariff war, India slashes peak tariffs from 150% to 70%, to ‘correct bad optics’
The latest round of import tariff revisions announced in the Budget have done away with the peak rates of 150%, 125%, and 100% which applied to just five items, but had created “bad optics” about India’s tariff structure, top officials told The Hindu. Such high tariffs have led to criticism of the sort levelled by […]