Trump's Tariff Shock: Sensex Reels Under US Blow

Trump’s Tariff Shock: Sensex Reels Under US Blow

Indian stock markets opened sharply lower on Friday morning, August 1, 2025, reacting negatively to US President Donald Trump’s executive order. The order imposes a 25 per cent tariff on a wide range of Indian exports to the United States.

The new tariffs, effective August 7, 2025, are expected to significantly impact several key Indian sectors. This includes textiles, pharmaceuticals, and agricultural products.

Economists warn of potential job losses and a slowdown in export-oriented industries. The government is yet to issue an official statement on the matter.

The Sensex and Nifty indices experienced considerable dips in early trading, reflecting investor anxiety. The Rupee also weakened against the US dollar.

This development adds to the existing economic challenges facing India, particularly given the global uncertainty. The government’s response and potential retaliatory measures will be crucial in mitigating the impact on the Indian economy.

Karanveer Sharma

A dedicated journalist and legal expert with a passion for uncovering the truth and advocating for justice. With hands-on experience in investigative journalism, legal research, and case analysis, I possess a strong ability to break down complex legal and societal issues into clear, impactful narratives. My work is driven by a commitment to transparency, integrity, and empowering people with accurate, insightful information.