Double Whammy: US Slaps 50% Tariff on Indian Imports, Oil Purchases
The United States imposed a significant trade blow on India on Thursday, August 7, 2025, announcing a 25% tariff on a wide range of Indian imports.
This comes as a severe setback for India’s burgeoning export sector, impacting several key industries.
Adding to the economic pressure, a further 25% tariff on Indian purchases of Russian oil was also declared. This additional levy will take effect in 21 days, bringing the total tariff to a hefty 50%.
The Trump administration cited both trade imbalances and national security concerns as the justification for these punitive measures.
The twin tariffs represent a major challenge for India’s economic planning and foreign policy, potentially impacting energy security and trade relationships. The government’s response and its impact on bilateral ties will be closely watched in the coming weeks.