500%, 100%, then a waiver: How India escaped Trump's Russia tariff threat
· economictimes.indiatimes.com
In the beginning it was 500%, then it came down to 100% and then, a waiver. This is how the tariff threat has evolved from an ambitious proposal into a more flexible instrument of policy for Trump and US. For India, the immediate danger has receded. But with US retaining the power to reinstate the measures, the waiver offers relief rather than a lasting resolution.
The original 500% threat
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How 500% became 100%
From 100% to waiver
India gets breathing space, but uncertainty remains
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