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The united states has reportedly revised its tariff on indian exports to 27%, a 1% increase from the 26% initially announced by us president donald trump. India's exports of textiles, leather goods, gems and jewellery, food products, and automobiles are likely to face the biggest challenge from 50% us tariffs. With the us slapping a fresh 25% tariff on indian exports, ranging from auto components and textiles to electronics and gems, the threat to bilateral trade has returned to.
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Tariff regime has introduced significant shifts in global trade dynamics, with direct implications for india’s export landscape. This decision caught many by surprise and immediately impacted market. Starting april 5, 2025, the us imposed a universal 10% tariff on all countries, followed by individualized reciprocal higher tariffs on nations with which the united states has.
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India was particularly affected, with a flat 27% tariff applied on all goods exported to the united states.
