About $48 billion worth of goods to be impacted by US' 50% tariff: Govt

Jatin Prasada stated that India's merchandise exports, valued at $48.2 billion, will face tariffs. The government aims to protect national interests, farmers, and industries. Measures are being taken to mitigate trade impacts through export promotion. Trump imposed an additional 25 percent tariff on Indian goods due to continued Russian oil purchases.