US Slaps 50% Tariff on Indian Goods: Economic Fallout Looms
The United States has imposed a 50% tariff on Indian goods, escalating trade tensions between the two nations. The order, issued on August 6, 2025, will significantly impact Indian exports.
An initial duty takes effect on August 7, 2025. A further levy, bringing the total to 50%, follows 21 days later.
This sweeping tariff applies to all Indian imports into the US, with exceptions for goods already in transit or those meeting specific exemption criteria.
The move is expected to trigger a ripple effect across various Indian industries, potentially impacting jobs and economic growth. The government is likely to respond swiftly to mitigate the damage and safeguard national interests. The coming weeks will be crucial in determining the long-term consequences of this trade dispute.