Srinagar, Aug. 8 -- The US President has gone too far and has penalised its onetime friendly country India by levying unprecedented 50 percent tariff on Indian goods entering American markets. This is fundamentally and basically bullying tactics by world cop America and will have its negative implications on Indian economy various sectors. Earlier American President had levied 25 percent tariff on Indian goods but now he has doubled the tariff and raised it to 50 percent to penalise India for continuing to purchase Russian oil,a move that is likely to hit sectors like textiles, marine and leather exports. The US has only singled out India and levied 50% tariff and left other countries like China and Turky unaffected. India has sharply rea...
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