Prolonged 50% tariffs could shave off as much as 0.8% of India's GDP - so what are Delhi's options?

US president recently imposed 50 percent tariff on Indian goods and denounced New Delhi for buying Russian oil.

His comment came hours after Indian PM Modi met China's Xi Jinping and Russia's Vladimir Putin.

Prolonged 50% tariffs could shave off as much as 0.8% of India's GDP - so what are Delhi's options?