The Budget Day coincided with US President Donald Trump's announcement of continuing the trade war, with the US imposing a 25% tariff on imports from Canada and Mexico, a 10% tariff on energy products from Canada, and an additional 10% tariff on China.Despite his repeated criticism of India as the "biggest tariff abuser" and "tariff king," India's latest budget has introduced significant tariff reductions on multiple products, many of which benefit American exports.
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