India, Sept. 4 -- While New Delhi has so far avoided retaliation, the tariffs put Indian exporters at a sharp cost disadvantage against competitors like Bangladesh and Vietnam, raising concerns about job losses and weakened competitiveness

On Wednesday morning last week, India woke up to the news that the US had imposed 50 per cent tariffs on its goods sold to the US. The Trump administration followed through on its threat to double levies from 25 per cent due to India's purchase of Russian oil.

Since his return to the White House this year, President Donald Trump has implemented tariffs. Trump's decision on Indo-US relations is likely to impact the relationship between the two countries. It affects 48.2 billion in exports. This include...