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Trump’s highly political tariffs
Trump’s stance also appears to reflect his dislike of India’s membership of the Brics bloc. During a summit of the 11 emerging economies last month he threatened an additional 10 per cent tariff on any countries aligning themselves with the Brics’ “anti-American policies”.
"We have small margins," said Suparp. He said they could still manage with tariffs up to 20% or even 25% by cutting costs.
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