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Trump की धमकी के आगे India का बड़ा कदम! #trump #tradewar #trumptariffs trump india india tariff trump on india india trump news trump • Trump की धमकी के आगे Bharat का बड़ा कदम! #... Trump की धमकी के आगे Bharat का बड़ा कदम! #trump #india #tariffs #tradewar #trumptariffs #donaldtrump #currentaffairs #thestudyias #manikantsir India and the United States have reached a critical juncture in their trade relations. The Indian government is now preparing to remove its 'Equalization Levy' or Google Tax, imposed on foreign digital companies in 2016. This move comes at a time when the US is threatening India with new tariffs. 🇮🇳🇺🇸 Key Points: ✅ Tariff Threats: The Trump administration is considering imposing tariffs on shrimp, basmati rice, and engineering goods, which could impact ₹42,000 crore worth of exports. ✅ Dependence on Expensive Oil: Due to US sanctions on Venezuelan crude oil, India may have to rely on more expensive oil from the Middle East. ✅ Economic Impact: The removal of the Equalization Levy could lead to an annual revenue loss of ₹8,000 crore, affecting not only the trade deficit but also farmers and the tech industry.