Trump Ramps Up Tariff Blitz With India, Pharma, Chips in Sights
In a divergent approach toward Asia's giants, Trump said he'd raise tariffs on India 'very substantially over the next 24 hours,' accusing its Russian oil purchases of 'fueling the war machine.' By contrast, he said he was 'very close to a deal' with China to extend a trade truce that saw the two countries agree to reduce tit-for-tat tariff hikes and ease export restrictions on rare earth magnets and certain technologies.
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