India Defiant: 25% US Tariffs Pose Minimal Threat, Says Govt
The United States imposed a 25% tariff on select Indian imports, effective August 7, 2025. This move, however, is unlikely to significantly impact the Indian economy, according to government sources.
The government maintains a confident stance, asserting that the impact will be minimal. Focus will remain on safeguarding the interests of farmers and small businesses.
Bilateral trade talks are scheduled for August 25, 2025. Discussions will centre on mitigating the tariff’s effect and identifying sectors for exemption.
India’s ambitious goal of achieving $500 billion in bilateral trade with the US by 2030 remains firmly in place. The government is committed to achieving this target despite the newly imposed tariffs.
This latest development underscores the complex dynamics of Indo-US trade relations. The upcoming talks will be crucial in determining the long-term trajectory of this vital economic partnership and its impact on Indian livelihoods.