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According to Global Network, U.S. President Trump signed an executive order on the 6th, announcing an additional 25% tariff on goods exported from India to the U.S., bringing the total tariff on Indian goods to 50%. The Times of India reported on the 7th that, as a result, the Indian Ministry of Defense has decided to suspend plans for the additional procurement of 6 Boeing P-8I Poseidon maritime patrol aircraft for the Indian Navy. The report stated that this transaction, valued at $3.6 billion, is currently in the "strategic reassessment" phase, but the Indian government has not yet determined whether the transaction will be canceled
Source: Zhitong The copyright of this article belongs to the original author/organization.
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