How do 50% tariffs on India impact US economy? Will it raise inflation, throw thousands out of jobs?

How do 50% tariffs on India impact US economy? Will it raise inflation, throw thousands out of jobs?

DNA

Published

By imposing 25% additional tariffs on India for buying Russian oil, the Donald Trump administration has raised the tariffs to 50%. Instead of getting the boost, the US economy may end up paying more for the same products due to increased tariffs or reduced competition.

Full Article