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August 21, 2025 - Current affairs for all the Exams: India Navigates Global Trade Headwinds with Strategic Alliances and Domestic Reforms

August 21, 2025

India's economy is demonstrating resilience amidst escalating global trade tensions, particularly with the United States. Recent days have seen significant developments on the trade front, with India actively pursuing new economic partnerships while addressing domestic policy reforms. Despite challenges posed by increased US tariffs, India's economic indicators show stability, and major companies are announcing new ventures and projects.

Question 1 of 10

What is the primary reason cited by the US for imposing additional duties on Indian exports, leading to tariffs of up to 50%?

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