On Two Sharp with ET, Nisha Poddar tracks Trump’s 50 per cent tariff strike on India. The first 25 per cent has kicked in, and another 25 per cent hits on August 27. Prime Minister Modi says India will not compromise on farmers or food security, even if there is a price to pay. Markets staged a surprise comeback after a sharp fall, with traders betting the damage may be limited and a deal could still be on the table. The next round of US-India trade talks is scheduled for August 25.
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