Latest Update on Trump Tariffs on India
US President Donald Trump has doubled tariffs on India to *50%*, citing India's purchase of Russian oil as a national security concern. This decision was made via an Executive Order on August 6, 2025.
Key Details
- *Tariff Increase*: An additional 25% tariff on top of the existing 25%, making India's tariffs the highest among countries like China (30%) and Pakistan (19%).
- *Effective Date*: The new tariffs will take effect on *August 27, 2025*.
- *Impact*: Could make Indian goods *40-50% costlier* in the US, significantly reducing India's exports to America.
Reactions
- *India's Response*: India calls the move "unfair, unjustified, and unreasonable" and vows to take necessary actions to safeguard national interests and economic security.
- *Business Impact*: Indian exporters say they can't absorb such high tariffs, affecting nearly *55% of shipments* to the US market .
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