ECONOMY: Jobs, Exports, Growth At Risk: How US Tariffs May Impact India

Beginning August 27, India faces one of the most severe trade shocks in recent history, as the United States enforces a sweeping 50% tariff on a wide range of Indian products.This move comes on top of an already existing 25% punitive duty introduced earlier under the Trump administration, primarily as a retaliatory measure against India’s continued purchases of Russian crude oil and defence

August 26, 2025
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