An ETF that tracks stocks in India is struggling to rebound from its recent losing streak, after President Trump imposed 25% tariffs on the country — and then threatened even steeper levies.

India’s government is scrambling to contain the economic fallout from President Trump’s threatened tariff action.

US President Donald Trump has threatened to impose higher tariffs on India very soon because the country does business with Russia. "We settled on 25% but I think I'm going to raise that very substantially over the next 24 hours,