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lite.cnn.com - on gopher - inofficial
ARTICLE VIEW:
Trump makes good on threat to impose 50% tariffs on India imports
By Elisabeth Buchwald, CNN
Updated:
10:49 AM EDT, Wed August 27, 2025
Source: CNN
President Donald Trump made good on his threat to double tariffs on
imports from India to 50%, a move that could endanger relations with
one of America’s most important trading partners and send consumer
prices higher.
This comes just weeks after Trump instituted a on Indian goods. Levies
on India, , are now among the highest the United States charges across
all countries.
The latest round of tariffs on India seeks to punish the country for
importing Russian oil and helping Russia finance its war with Ukraine,
Trump has previously said.
The US leader recently held separate meetings with Russian President
Vladimir Putin and Ukrainian President Volodymyr Zelenskyy to help
broker a deal to end their years-long war. However, the talks remain at
an impasse.
and, more recently, consumers, are already seeing resulting from
Trump’s tariff campaign while the . The ramped-up levies on Indian
goods could worsen both effects.
New Delhi signaled it would retaliate against Trump’s tariffs earlier
this month, when Trump initially vowed to impose what he referred to as
“secondary sanctions.”
India’s junior foreign minister, Kirti Vardhan Singh, told reporters
Wednesday the government is “taking appropriate steps so that it does
not harm our economy and let me assure you that the strength of our
economy will carry us through these times.”
“Our concern is our energy security, and we will continue to purchase
energy sources from whichever country benefits us,” he said.
India has accused the Trump administration of unfairly penalizing the
country, pointing out that other countries that import oil from Russia
aren’t facing such levies. China, for instance, is the top buyer of
Russian oil, but its products face a minimum 30% tariff. Trump has
warned, though, that other countries that purchase oil from Russia
could face higher tariffs soon.
India’s rising importance to American businesses and consumers
The has widened significantly over the past decade, but it’s come as
both countries roughly doubled the amount of imported goods from one
another.
Last year, the United States imported $87 billion worth of goods from
India, compared to about $42 billion in American goods exported to
India, according to Commerce Department data. As Trump ramped up
tariffs on China in his first term and earlier this year, American
businesses were incentivized to seek out alternative production
locations like India.
The top goods the US received from India last year included
pharmaceuticals, communications equipment, such as smartphones, and
apparel. Smartphones, however, are exempt from so-called
“reciprocal” tariffs, which includes the 50% tax on Indian goods.
As is the case with almost all country-specific duties Trump has
enacted, sectoral tariffs — such as the 50% across-the-board tariff
on steel and aluminum, as well as others he’s threatened — won’t
be stacked. This means that steel and aluminum products from India
there will face a 50% tariff rather than a combined 100% tariff.
Meanwhile, the top American exports to India were various oils and
gases, chemicals and aerospace products and parts. These industries
could be among the most vulnerable if India decides to slap retaliatory
tariffs on American goods.
But it’s not just physical goods that America has grown increasingly
reliant on India for. On top of production centers, American companies,
including American Express, JPMorgan Chase, Microsoft and Google, have
deepened their footprint in India in recent years by expanding or
opening new offices there.
The Indian government could respond to higher tariffs Trump imposed by
making it more onerous for such companies to do business there.
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