India Imposes 12% Tariffs!! CHINA WILL BE HIT HARD!
0:00 / 0:00
John
English
College Students
Concise
Make your video stand out in seconds. Adjust voice, language, style, and audience exactly how you want!
Summary
India has imposed a 12% tariff on steel imports, primarily targeting China, the largest steel producer. This move aims to address India's $100 billion trade deficit with China. While China may retaliate, India is exploring opportunities for increased trade with the US, potentially benefiting from China's economic challenges.