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Donald Trump's administration is imposing a 25% tariff on all Indian goods starting August 7, 2025, without any product exemptions, unlike other nations. This move, perceived as exceptionally tough, aims to pressure India on geopolitical issues and trade deals, says GTRI. The tariffs are expected to significantly reduce India's exports, particularly in petroleum, pharmaceuticals, and electronics, potentially decreasing overall exports by 30%.
Earlier, the U.S. President had announced plans to impose a 25% tariff on India, along with an additional penalty, citing concerns over the country's energy and defence ties with Russia, as well as existing trade barriers
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