#TrumpsTariffs against India and backfire
The US has imposed a 50% tariff on Indian goods, effective August 27, 2025, with some exemptions. Here's a breakdown of the tariffs and affected sectors:
Tariff Structure:
- Initial 25% tariff effective August 7, 2025
- Additional 25% tariff effective August 27, 2025, bringing the total to 50% for most Indian goods
Affected Sectors:
Textiles and Apparel: 50% tariff, impacting $10.3 billion worth of exports
Gems and Jewelry: 50% tariff, impacting $12 billion worth of exports
Leather and Footwear: 50% tariff, impacting $1.18 billion worth of exports
Marine Products: 58.26% tariff, including 2.49% anti-dumping and 5.77% countervailing duties
Chemicals: 50% tariff
Automobiles and Auto Parts: 50% tariff
Agricultural Products: 50% tariff, including onions at 50.54%
Dairy Products: 81.46% tariff on buttermilk and fermented milk, 55.84% on milk powder
Exemptions:
Pharmaceuticals: 0% tariff
Electronics and Semiconductors: 0% tariff
Energy Products: 0% tariff
Critical Minerals: 0% tariff
The tariffs aim to pressure India on its energy ties with Russia and trade policies. India has condemned the tariffs as "unfair, unjustified, and unreasonable" and is exploring diplomatic channels and new markets to mitigate the impact.
Tarrifs will backpower..?
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