TradeTariffs

Leather, textiles, gems, jewellery, shrimp exports to hit hard from 50% US tariff

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Leather, textiles, gems, jewellery, shrimp exports to hit hard from 50% US tariff

In a significant blow to Indian exporters, U.S. President Donald Trump has imposed a new 25% tariff on Indian goods, bringing the total duty on many products to 50%. This measure, a penalty for India’s continued purchase of Russian oil, is expected to severely impact several key sectors of India’s economy. The first 25% tariff … Read more

Trade War Escalates: US Slaps 25% Tariff on Indian Goods, Citing Russia Ties

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Trade War Escalates: US Slaps 25% Tariff on Indian Goods, Citing Russia Ties

Trump Imposes 25% Tariff on Indian Imports, Citing Trade Practices and Russia Ties; India Reacts Strongly New Delhi, India – US President Donald Trump has announced a 25% tariff on all Indian imports, effective August 1, alongside additional “penalty tariffs.” The move, which has been met with sharp criticism and concern from India’s trade and … Read more