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  • 3 months ago
Trump just slapped a 50% tariff on Indian goods — one of the highest in the world — targeting India’s ties with Russia. But Modi isn’t backing down. Instead, he's launching a massive tax overhaul to protect small businesses and consumers. From bold Independence Day speeches to $20 billion in tax cuts, Modi is pushing a national call for self-reliance. But can this economic gamble save India’s growth amid rising global tensions?
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00:0050% tariffs on India just kicked in, and Modi's fighting back with a tax bombshell you didn't
00:05see coming. Trump's massive tariffs on Indian goods just took effect. Why? Because India
00:11keeps buying oil and weapons from Russia. And now, U.S.-India trade is on shaky ground.
00:17These 50% tariffs, among the world's highest, hit everything from shrimp to diamonds.
00:22India's government is scrambling. Modi calls the move unfair, and in response, he's pushing
00:28for self-reliance like never before. From Delhi's Red Fort, he urged every Indian to make in
00:34India and spend in India. But slogans aren't enough. So here comes the real twist. To protect
00:40millions of small businesses and consumers, Modi just promised massive tax cuts. We're
00:45talking $12 billion already announced. And now he's rolling out a simplified GST system
00:51worth another $20 billion. Analysts say this could spark a consumption boom. Boosting jobs,
00:57reducing inflation, and keeping growth alive. Even global banks are cheering. But the U.S.-India
01:03trade war? Far from over. With the world's fastest-growing economy under pressure, will Modi's bold
01:09tax gamble save the day?
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