Brief by Shorts91 Newsdesk / 10:40am on 26 Nov 2024,Tuesday India Global
US president-elect Donald Trump announced plans to impose tariffs on imports from China, Canada, and Mexico. He stated that on his first day in office, he would sign an executive order to impose a 25% tariff on all goods from Canada and Mexico. China will face a 10% tariff in addition to other levies. Trump did not mention India in his tariff announcement, raising questions about its future trade status. With India exporting $75 billion worth of goods to the US, the situation could change depending on future policies.
