Impact of tariffs on sales of American brands in India

In the tug-of-war over tariffs that is raging between the United States and India, there is much speculation as to how it will turn out. US President Donald Trump had imposed 25 per cent tariffs on Indian imports and topped it as it were with another 25 per cent - taking it to 50 per cent - penalty tariff for buying oil from Russia. The trade negotiations are still on.

- 

Trump wants to break into the Indian farm sector and sell American agricultural produce in India. India has refused to budge on the issue. It is this refusal that seems to have driven President Trump to impose the additional 25 per cent tariff. On the other hand, Indian Prime Minister Narendra Modi, speaking on the occasion of the centenary celebration of India’s famous agricultural scientist, Dr.M.S.Swaminathan, said that he was ready to pay a personal price but he would not compromise on the interests of the Indian farmer.