President Trump's announcement of tariffs has sparked outrage globally, with countries like Canada and Australia threatening countermeasures. The tariffs could severely impact export sectors in India, leading to concerns among experts. However, Trump has spared India's pharmaceutical industry from reciprocal tariffs, providing some relief. The uncertainty surrounding the economic impact of these tariffs has led to a cautious approach by businesses worldwide, as they assess the potential consequences on prices and trade.
Times of India
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