Trade, Tariffs & Tensions: What Donald Trump’s 50% Tariff Means for India’s Export Future

With this development, India becomes the most heavily taxed US trading partner alongside Brazil, far above its rivals such as China, Vietnam and Bangladesh.

Trump tariffs
Narendra Modi and Donald Trump Photo: File photo
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Tensions between India and the United States deepened this week as President Donald Trump announced an additional 25% tariff on select Indian exports, effectively doubling the duty on the affected goods to 50%. The new tariffs will come into force on 27 August.

Earlier in the week, India had dismissed criticism from Washington and Brussels over its Russian oil imports as “unjustified and unreasonable”, arguing that neither the US nor the EU has completely severed trade ties with Russia.

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