Can India retaliate against Trump's 50% tariffs?

The news article discusses the potential impact of US President Donald Trump's 50% tariffs on India and the possible retaliatory options available to the Indian government. According to the article, the prolonged imposition of these tariffs could result in a 0.8% reduction in India's GDP. This significant economic impact has prompted the Indian government to explore various retaliatory measures. The article outlines that India could consider raising tariffs on US agricultural products, electronics, and other imports. Additionally, India may explore legal options through the World Trade Organization (WTO) to challenge the tariffs. The article also mentions that India could potentially use its strategic position as a major market for US companies to negotiate a favorable trade deal. However, the article notes that any retaliatory actions by India would need to be carefully calibrated to avoid further escalation of the trade dispute. Overall, the article highlights the challenges faced by India in responding to the US tariffs, while emphasizing the need for a balanced and strategic approach to protect its economic interests.