Donald Trump’s 50% tariffs come into effect today: India prepares multi-pronged strategy to shield economy; details here
Wednesday, 27 August 2025 () India faces significant export challenges as the US imposes a 50% tariff on $48.2 billion worth of Indian goods, effective Wednesday. Labour-intensive sectors like textiles and seafood are expected to be severely impacted, prompting manufacturing suspensions. The government is exploring support measures, including an Export Promotion Mission and GST restructuring, while continuing trade negotiations with the US.
India braces for export shock as 50% US tariff takes effect
The duty rate US President Donald Trump has placed on Indian goods is among the highest in the world.
READ MORE : http://www.euronews.com/2025/08/27/india-braces-for-export-shock-as-50-us-tariff-takes-effect
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Wednesday, 27 August 2025 ()
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