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'Geopolitical play': Experts on Trump's tariffs impact on India
The US just announced a 25% tariff on Indian imports, kicking in August 1.
President Trump's move is tied to India buying Russian weapons and oil, and it's put a pause on ongoing trade deal talks between the two countries.
Tariffs will hurt Indian exports, but fix is possible
Experts see this as more than just an economic move—Madhavi Arora calls it a geopolitical play, but thinks negotiations aren't over yet.
R Anen Banerjee admits the tariffs will hurt Indian exports but stays optimistic about a quick fix.
Nilesh Shah points out that both countries still share big-picture goals, so there's hope for solutions even if things feel tense right now.
EY India's Agniteswar Sen is concerned about the impact but notes that fresh talks are already lined up with a US team visiting India soon.