Indian electronics industry has 2-weeks breather from US tariffs

New Delhi: Indian electronics industry has around two weeks breather from the proposed tariffs due to the pending review of a key section that covers technologies under the ongoing bilateral negotiations, industry and government sources said.

US President Donald Trump on Wednesday announced the imposition of a 25% tariff on all goods coming from India starting August 1, plus an unspecified penalty for buying military equipment and crude oil from Russia.

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