Trump Says Not Considering Lowering Tariffs on India Imports
President Donald Trump has stated that he is not considering lowering tariffs on imports from India. This comes a week after the United States doubled the tariffs on India's imports to 50%, a move that was taken as a punishment for India's decision to continue importing oil from Russia. The increased tariffs were part of the ongoing trade tensions between the US and India, as the two countries have been engaged in a tit-for-tat tariff war over a range of issues, including market access and trade deficits. The decision not to lower the tariffs suggests that the US is maintaining its tough stance towards India's trade practices, despite calls from some businesses and policymakers to ease the tensions and work towards a resolution.
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