Impact of a 50% U.S. Tariff on Indian Exports: Economic, Political, and Trade Implications
On 27 August 2025, the United States sharply raised tariffs on a wide range of Indian goods to 50 percent. The decision doubled the earlier 25 percent duty and also carried a political message, as Washington tied the move to India’s continued purchase of Russian oil. The new tariff has left exporters in India scrambling,…