The rising oil consumption is not only an economic issue but also, over time, becoming a health emergency. Over the last two decades, the consumption of edible oil in India has grown rapidly, burdening the economy and creating a health crisis for Indians at the same time.
The report highlighted the Trump's plans include imposing a 60 per cent tariff on imports from China, as well as additional tariffs ranging from 10 per cent to 20 per cent on imports from other countries.