President Trump signed an order to implement reciprocal tariffs to counteract high tariffs and trade barriers by other nations, particularly targeting countries like India. The tariffs, expected by April, aim to improve US trade competitiveness and could lead to trade tensions with key partners. India’s high tariff rates on US goods may result in increased duties and strained economic relations.

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As per the notification issued by the Department of Revenue, bourbon whiskey would now attract 50 per cent customs duty on its import.