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America waged a tariff war against India, increased tax on 26 items by 25 percent, Biden took revenge for imposing DS!

Estimates indicate that the value of DST payable to India by US-based company groups would be around $55 million per year. Under this action, five types of goods have been included. It is estimated that the amount derived from the tariff levied on India’s goods will be equal to the amount of taxes imposed by India.

Other items include bamboo, window shutters, cigarette paper, beads, copper foil and bedroom furniture. Initiating a new phase of trade wars, the Biden administration also threatened to raise tariffs on imports on its DST to five other countries – Britain, Austria, Italy, Spain and Turkey.

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