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US tariffs: India faces hard choices, says GTRI
August 16, 2025
|Financial Express Kochi
INDIA IS FACING tough choices in responding to steep US tariffs — from negotiating or retaliating to diversifying export markets or offering trade concessions like ending Russian oil imports — but each option carries its own mix of benefits and risks, think tank GTRI said on Friday.
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The Global Trade Research Initiative (GTRI) said that India marks its Independence Day this year under the shadow of a bruising t
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