Nobel laureate Banerjee suggests India reconsider cheap Russian oil imports after US imposes tariffs. Impact on trade & economy discussed.

President Donald Trump on Wednesday announced sweeping and substantial tariffs on India, one of America’s most important trading partners. In addition to a 25% tariff that is set to go into effect Thursday,

India, which now faces among the highest tariff rates imposed by the US, called the levy "unjustified and unreasonable".