By Ramesh Bhan New Delhi, Jan 12 (UNI) The threat of imposing a 500 per cent Tariff on India by the US, aimed at paralysing the growing Indian economy, can spur the Swadeshi and Atmnirbhar (self reliant) Bharat campaigns and, in an inter-dependent world, have a retaliatory impact on the US market as well. The potential 500 per cent tariff on India, part of a proposed US bill, can be interpreted as a virtual trade embargo, making Indian goods commercially unviable in the US market and could lead to job losses in India. For the US, it would result in higher prices and supply chain disruptions for businesses that rely on Indian imports.
