Question
According to Nomura, what percentage of US imports from
India are affected by the 50% tariffs?Solution
Nomura notes that around 60% of US imports from India are now subject to 50% tariff rates, affecting key Indian export sectors such as textiles, gems & jewellery, seafood, metals, chemicals, and leather goods. These elevated tariffs are expected to negatively influence export earnings, job creation, and sectoral investment.
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