00:00U.S. President Donald Trump's steep tariffs on Indian goods have come into effect on Wednesday,
00:06weeks after he imposed an extra 25% penalty on India's imports tied to its purchases of Russian oils and weapons.
00:15The new duties pushed some tariffs as high as 50%, putting India among the countries facing the highest U.S. tariffs in the world.
00:24New Delhi warned said it begun reviewing possible retaliatory steps, while urging greater domestic self-reliance to weather the impact.
00:34The punitive tariffs will affect more than half of India's exports to the U.S., covering garments, jewelry, chemicals and other goods.
00:43Export groups warned that the hikes could leave Indian products at a 30-35% price disadvantage against competitors like Vietnam and Bangladesh.
00:52The Indian government is moving quickly to limit the impact.
00:57Prime Minister Narendra Modi has pledged tax cuts, bank subsidies and support for exporters to diversify markets.
01:04Despite the tariffs, both governments reaffirmed their strategic partnership,
01:08issuing joint statements this week to highlight defence cooperation and their commitment to the Quad Alliance with Japan and Australia.
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