Donald Trump: Inside the Indian Factories Hit Hard by US's 50% Tariffs
The tariffs target key Indian export sectors including textiles, jewelry, and shrimp, risking nearly $48 billion in exports and impacting millions of livelihoods, experts warn.
- The Department of Homeland Security issued a draft notification saying the United States will impose a 50% tariff on Indian imports starting Wednesday, August 27, 2025.
- Earlier this month, the Trump administration said it would double tariffs to 50%, imposing a reciprocal 25% tariff and a supplementary 25% duty, citing draft notification reasons tied to Russian threats.
- Exporter groups warned the hikes could hurt close to 55% of India’s merchandise exports to the US worth $87 billion, with sectors like textiles and gems at risk and buyers shifting to Mexico, Vietnam, and Bangladesh.
- On August 26, markets reacted as domestic equities opened under pressure, with the Nifty 50 down 167.90 points at 24,799 and factories supporting nearly five million livelihoods operating just 15 days monthly.
- The Prime Minister's Office will convene a high-level meeting chaired by the Principal Secretary to the Prime Minister to review export measures, with officials expecting relief and tax steps by end-September as Fitch projects 6.5% GDP growth in FY26.
31 Articles
31 Articles
Jobs, Exports, Growth At Risk: How US Tariffs May Impact India
Starting August 27, Indian exporters will face one of the harshest trade actions in recent memory - the United States will double down on duties, slapping a 50 per cent tariff on a wide range of goods from India.
Trump Tariff Live Updates: ‘Doesn’t matter if currency is black or white, sweat belongs to my countrymen’, PM Modi prepares India as 50% tariff kicks-in
Trump's 50% tariffs on India Live Updates: Starting today at 9:30 am, the 50% tariffs on India by the US, have officially come into effect. The move, announced by Donald Trump, is expected to hit Indian exports hard. It raises big questions about how trade, jobs, and industries in India will be affected in the coming months. Track our live coverage here to know all about the tariff impact on India.
Stock market tumbles after US moves to levy steep 50 pc tariffs
Mumbai: The Indian benchmark indices began the trading in red on Tuesday, after a draft notice published by the Department of Homeland Security (DHS) revealed that US President Donald Trump plans to go ahead with 50 per cent tariffs on Indian goods from Wednesday. The Nifty 50 fell 167.90 points, or 0.67 per cent, at 24,799, while the Sensex declined 546 points, or 0.67 per cent at 81,089. Trump had earlier said the US would raise tariffs on Ind…
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