Quicksplained: 26% or 27%? Why US keeps changing India's tariff rate
There seems to be some confusion surrounding the tariff the US has imposed on India. At his press conference in the White House’s Rose Garden on April 2, President Donald Trump announced that there would be a 26 per cent tariff on India. However, according to the figures listed in the White House annex, India was to be charged a tariff of 27 per cent. Now it has been revised to 26 per cent again. What's going on?
Explainers