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    <title>Markets decline in early trade after US moves to levy addl 25 pc tariffs</title>
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    <description>The United States issued a draft order implementing an additional 25 per cent tariff on Indian imports, applying to products entered for consumption on or after the effective date and linking the levies to stated geopolitical threats. The announcement caused early trade declines in benchmark indices amid foreign institutional selling and weak Asian markets, with analysts warning the tariffs could jeopardise export viability while domestic institutional buying and liquidity continue to support elevated market valuations.</description>
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