RAMPUR/MORADABAD (UP): The mentha oil industry is facing a major crisis with a potential loss of several crores of rupees due to the 50 per cent tariff imposed by the US on Indian imports, according to exporters.
The tariffs are threatening the livelihoods of thousands of farmers and workers, they said.
The additional 25 per cent tariff imposed by US President Donald Trump on India for its purchase of Russian crude oil came into effect on Wednesday, bringing the total amount of levies imposed on New Delhi to 50 per cent.
Source: PTI News
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