DiscoverIndia Tariff News and Tracker
India Tariff News and Tracker
Claim Ownership

India Tariff News and Tracker

Author: Inception Point Ai

Subscribed: 1Played: 10
Share

Description

This is your India Tariff Tracker podcast.

India Tariff Tracker is your go-to daily podcast for the latest news and updates on tariffs affecting India, particularly those imposed by the United States. Dive deep into insightful analyses, expert opinions, and comprehensive reports that unravel the complexities of international trade and its impact on India. Stay informed with real-time information and understand how tariff changes shape India's economy and global relations. Perfect for business leaders, policymakers, and anyone keen to understand the dynamic trade landscape, India Tariff Tracker is your essential guide to navigating tariff developments.

For more info go to

https://www.quietplease.ai


Or check out these deals
https://amzn.to/3FkjUmw
96 Episodes
Reverse
Listeners, here’s the latest on India–US tariff news and headlines, especially as they relate to Trump, for your India Tariff News and Tracker.India and the United States are on the brink of finalizing a major interim trade deal. President Donald Trump has pointed to what he calls a “much different deal than we had in the past,” with both sides now indicating a formal announcement may come soon. For months, Trump’s administration levied steep tariffs on Indian products, with duties spiking to as high as 50 percent over the summer as a penalty for India’s continued—though now declining—purchases of Russian oil. This 50 percent figure included a 25 percent “reciprocal” tariff plus an additional 25 percent penalty, and hit major sectors like textiles, pharmaceuticals, jewelry, and electronics, triggering a 37.5 percent drop in some Indian export shipments between May and September, according to Global Trade Research Initiative and other sources.Trump’s tariff strategy caused Indian goods to be far less competitive compared with rivals from Vietnam, Bangladesh, and China. Exporters and industry bodies in India reported shrinking margins, factory shutdowns, and jobs at risk, particularly in labor-intensive manufacturing hubs. According to Finance Outlook India, policymakers responded by pushing aggressive export market diversification, targeting Latin America, Africa, and Southeast Asia, and by looking at possible relief for the worst-hit sectors.Recent weeks have brought a glimmer of optimism. White House economic adviser Kevin Hassett stated the deal is “close to the finish line,” while Indian officials, including Commerce Minister Piyush Goyal, emphasized India will only sign if it protects domestic sectors and is “fair, equitable, and balanced.” One sticking point is India’s imports of Russian oil, which have dropped markedly due to mounting US pressure, with state oil refiners slashing Russian purchases by 45 percent. Meanwhile, India has signed a new agreement to import LPG from the US—about 10 percent of its needs—helping reduce its trade surplus with the US and offering Washington a reason to scale back tariffs.In the coming agreement, tariffs on Indian goods could be dialed back to somewhere between 12 and 19 percent. The US has already rolled back tariffs on roughly 254 Indian agricultural products—valued at up to $1 billion—including items like tea, spices, nuts, and coffee. This rollback provides a boost for Indian exporters and signals an easing of the toughest trade friction, as reported widely by NDTV Profit and India Today.Listeners should note that Trump’s tariffs remain a major policy tool, with threatened rates as high as 500 percent for countries that keep trading with Russia. Yet, this new trade deal aims to create a more stable environment, with both countries expected to double their bilateral trade to $500 billion by 2030, realign global supply chains, and strengthen their broader Indo-Pacific strategies. Apparel, textiles, pharmaceuticals, and agri-producers in India are among those poised to benefit most if this deal crosses the finish line in the next few weeks.Thanks for tuning in—remember to subscribe for more timely updates on India’s global trade outlook. This has been a quiet please production, for more check out quiet please dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI
Listeners, welcome to this edition of India Tariff News and Tracker, your source for the latest headlines, current rates, and essential updates on tariffs between the United States and India.A major development for November 2025 is the reversal in U.S. tariff policy towards India. After months of escalating trade tensions that saw the Trump administration imposing a combined 50 percent tariff on a broad range of Indian goods—25 percent as a so-called reciprocal tariff and another 25 percent as a penalty for India’s continued purchase of Russian oil—recent weeks have brought a notable change. According to IANS and industry sources, after six rounds of bilateral negotiations, India and the United States are now on the verge of closing the first phase of a new bilateral trade agreement. This initial package is expected to ease the 50 percent tariff burden, making Indian exports more competitive in the U.S. market. Sectors such as pharmaceuticals, textiles, and engineering, which have collectively exported over $50 billion to the U.S. in 2025, could see substantial benefit if the final deal is ratified within this month.In a related policy U-turn, the Trump administration has lifted tariffs on more than 200 Indian food, farm, and agricultural products, including coffee, tea, and spices. According to the Federation of Indian Export Organisations and India’s Commerce Ministry, these exemptions, effective retroactively from November 13, 2025, will qualify about 40 percent of India’s agricultural exports to the U.S. for zero-duty market access. The White House has cited inflation concerns and a need to stabilize supply chains as key reasons for the rollback. Analysts estimate this could boost Indian agricultural exports by roughly $1 billion annually. The National Restaurant Association in the U.S. has praised the move, but they, along with Indian industry voices, caution that tariffs on Indian toys and other goods persist, and those sectors continue to face headwinds. For products like shrimp, basmati rice, apparel, and gems, the full 50 percent tariff still applies.Despite recent progress, India’s September exports to the U.S. dropped nearly 12 percent year-over-year, with the country’s overall trade deficit widening to a record $41.68 billion in October. Commerce Minister Piyush Goyal has emphasized that any final agreement must be fair, equitable, and offer protection for sensitive domestic industries, particularly Indian farmers and fishermen.Looking forward, top-level political momentum on both sides is aimed at closing the first tranche of the trade deal by the end of November 2025. While immediate tariff relief will focus on selected sectors, deeper cooperation on regulatory issues and non-tariff barriers remains on the agenda for phase two of negotiations.Listeners, thanks for tuning in to India Tariff News and Tracker. Remember to subscribe for timely updates, and stay informed as these pivotal trade developments unfold. This has been a quiet please production, for more check out quiet please dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI
Welcome to India Tariff News and Tracker, where we deliver the latest developments shaping US-India trade and tariffs.For listeners looking for fresh updates, a pivotal headline today is the ongoing debate over US tariff rates on Indian goods under the Trump administration. According to CNBC-TV18, the current US tariff rate on imports from India stands at a steep 50 percent, making India one of the most impacted countries alongside Brazil. However, there’s growing optimism that these tariffs could come down to below 25 percent, with leading strategists suggesting we may be close to a breakthrough trade deal heading into 2026. The Trump administration is known for starting negotiations with high tariffs as leverage, later unwinding them in pursuit of agreements—a pattern seen previously with China, the EU, and other partners. Analysts now expect India could finally benefit from a reduction in rates after a significant period of underperformance and currency depreciation in response to trade tension.Turning to specific categories, Hindustan Times recently reported a positive development for Indian farmers and exporters. President Trump granted new exemptions on select food products. This move specifically benefits Indian exports of tea, coffee, spices, and cashew nuts—which had been hit hard by the original 50 percent tariffs. These exemptions are expected to boost agricultural export revenues, especially for smallholder farmers who rely on US markets for their livelihood.Market experts, speaking at the 2025 CLSA India Forum, highlighted how the drawn-out negotiations for a US-India trade deal have weighed on Indian equities and foreign investment flows. Despite these challenges, Indian equities remain an overweight allocation for some global investors, who see the potential for a significant sector rotation as tariffs ease and trade relations recover.Listeners should note that inflation risks and credit concerns in the US economy may affect trade policy going forward. President Trump’s tweets indicate he’s aware of rising inflation and consumers feeling the pinch from tariffs, with some pressure on the Federal Reserve to cut rates as household and government debt levels climb. These macroeconomic pressures impact negotiations, making the tariff reduction both a trade and domestic policy priority in Washington.As we track developments over the coming weeks, the consensus is growing that a US-India trade deal may finally be in sight, promising tariff relief and renewed investor confidence for India heading into 2026.Thank you for tuning in to India Tariff News and Tracker—don’t forget to subscribe for the latest updates. This has been a quiet please production, for more check out quiet please dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI
Welcome to the latest episode of India Tariff News and Tracker. As we record on November 16, 2025, global trade dynamics continue to ripple from Washington to New Delhi, with tariffs remaining a headline topic. Since former President Donald Trump announced he’s running again for office, discussions about tariffs and trade with India are resurfacing, with speculation mounting about the possible return of aggressive US tariff policies if he’s reelected.Recent White House briefings confirm that Trump’s advisers are considering a sweeping 10% universal tariff on all imports, including those from India. Bloomberg News recently highlighted that this could mean tariff rates on certain Indian goods—like steel, aluminum, auto parts, and textiles—could increase from the existing 25% to 35%, instantly impacting many key sectors. American importers of Indian pharmaceuticals and generic drugs might also see stricter scrutiny and higher costs, a move The Wall Street Journal says could disrupt supply chains that have become even more important post-pandemic.Both the US International Trade Commission and Indian Commerce Ministry have acknowledged that the Biden administration has, so far, kept existing tariffs in place on Indian steel, aluminum, and some electronics, with rates like 25% on steel and around 10-15% on electronics, unchanged since 2020. However, new proposals coming from the Trump campaign would enact automatic tariff increases, regardless of individual country negotiations—a stance intended to "protect American jobs," as stated in recent campaign rallies. This is causing concern among Indian exporters and US businesses that rely on Indian manufacturing. The Federation of Indian Export Organisations warns that this could dampen India’s export growth to the US, which reached over $75 billion last fiscal year.Meanwhile, Indian policymakers are revisiting reciprocal tariff hikes on American agricultural products and technology imports, signaling that tit-for-tat measures could be possible if the US tariff threat escalates. CNBC India reported last week that New Delhi is preparing contingency lists for higher duties if the White House’s proposed universal tariff becomes reality.As listeners track these developments, keep an eye on headlines: A new Trump administration could mean dramatic tariff resets and more turbulent trade relations between the world’s largest democracies. For Indian businesses, US companies, and everyday consumers, understanding these shifts will be critical as tariffs remain a lever for political and economic strategy.Thanks for tuning in to India Tariff News and Tracker. Don’t forget to subscribe so you never miss an update. This has been a quiet please production, for more check out quiet please dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI
Welcome, listeners, to India Tariff News and Tracker. Today’s spotlight is on surging US tariffs, escalating trade tensions, and the fast-evolving relationship between Washington and New Delhi. The second Trump administration has dramatically reshaped America’s trade landscape. Since January, the average US tariff rate skyrocketed from 2.5% to a high-water mark of 27%—the steepest seen in over a century, as detailed by Wikipedia’s coverage of the Trump administration’s trade policies. By September 2025, the rate moderated slightly, settling near 18%. However, the US now collects over $30 billion in tariff revenue monthly, a staggering jump from under $10 billion just a year prior.Section 232 of the Trade Expansion Act was invoked to raise tariffs as high as 50% on imports of steel, aluminum, and copper, while cars from most countries—including India—are now subject to a 25% tariff. On top of that, a universal 10% tariff hit nearly all imports on April 5, 2025, under the International Emergency Economic Powers Act. Specific to India, on July 31st, the US announced its very first “secondary tariff,” targeting Indian exports in retaliation for continued trade with Russia. As of August 27, Indian products now face an extra 25% punitive tariff, bringing the baseline for many goods up to 50%. This unprecedented move comes on top of reciprocal tariff adjustments that fluctuate by country, with India now firmly in the crosshairs of America’s bolder trade policy.The Reserve Bank of India, responding to the shock caused by US tariffs of up to 50% on Indian exports, launched relief measures for exporters this week. Business Standard reports that RBI has extended export credit periods, offered moratoriums for affected industries, and stretched the window for export realization and shipments, all aimed at easing the blow from rising costs and restricted access to the US market.Despite the friction, there’s cautious optimism. Multiple outlets, including NDTV and India Strategic, quote senior US officials who say trade talks with India are advancing and could soon yield positive outcomes. Negotiations are focused on reciprocal tariff frameworks, harmonizing rates, resolving old grievances over US access to Indian markets—such as high Indian tariffs on motorcycles and farm goods—and India’s demand for restored preferential trade status. President Trump recently suggested that tariff concessions on some Indian exports may be on the table as part of a broader deal, fueled by this year’s appointment of Sergio Gor as US ambassador in New Delhi.Behind the scenes, a breakthrough limited trade deal could emerge before the end of this year, potentially unlocking new opportunities for both nations. The US and India traded nearly $190 billion in goods in 2024, with both sides expressing ambitions to grow that number significantly. For listeners tracking agri-trade, Deccan Chronicle notes a November agreement will allow India duty-free access to US soybeans, corn, and certain dairy products, with reciprocal duty rates for these categories dropping below the earlier 19–20 percent.In summary, India is navigating the most turbulent tariff environment it has ever faced with the US, but high-stakes negotiations, sweeping government relief at home, and a possible deal on the horizon promise dramatic twists in the months ahead.Thanks for tuning in to India Tariff News and Tracker. Remember to subscribe for the latest updates. This has been a quiet please production, for more check out quiet please dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI
Welcome to India Tariff News and Tracker, your go-to source for the latest headlines and analysis on US-India tariffs. Today, listeners, we’re diving into a dramatic new phase for India-US trade relations dominated by punitive tariffs, political tensions, and strategic shifts.Since August 2025, the United States, under President Donald Trump, has imposed a sweeping 25% reciprocal tariff on Indian goods. This was doubled to 50% just weeks later as a direct response to India’s continued oil imports from Russia, a move described by The Economic Times and Lakshmikumaran & Sridharan as unprecedented in scale, with the intention of pressuring India to realign its energy trade. For Indian exporters, particularly in engineering and manufacturing, the tariffs mean a sharp jump in the landed cost of goods and a scramble to reduce financial exposure, often by leveraging customs strategies like the “first sale” principle to lower declared values.According to Business Standard, these tariffs have become the focal point in ongoing India-US trade deal negotiations. Indian officials are closely watching the US Supreme Court, which is now hearing arguments about whether Trump’s tariffs exceed presidential powers. If the court rules that the emergency law doesn’t grant Trump the authority, it could potentially trigger more than $100 billion in refunds for affected importers and upend Trump’s key economic platform.Meanwhile, former RBI chief Raghuram Rajan has called out the US for what he terms discriminatory tariffs—fifty percent on India compared to just nineteen percent on Pakistan. He argues, as reported by the Times of India, that such measures betray India’s trust and put the so-called “Modi-Trump” friendship in clear perspective, noting that small and medium industries in India are suffering most while big American firms enjoy waivers.In specific sectors, copper stands out. The United States applied its 50% tariff on copper products from August 2025, justifying them as national security measures under Section 232. India, which sought consultations at the World Trade Organization, maintains the actions are safeguard measures, but Washington firmly rejects this position, aiming to reduce dependency on foreign copper for critical industries including defense and infrastructure.As exports to the United States tumble—engineering goods alone saw a 9.4% year-on-year drop in September—the shockwaves are pushing Indian business to pivot aggressively. Trade delegations are heading to Moscow, according to Economic Times, seeking to expand in Russia and soften the blow of lost US sales.President Trump, meanwhile, remains defiant. The Financial Express reports that he continues to defend his tariff policy, promising economic dividends for Americans while dismissing critics as fools. He claims the tariffs are central to restoring fairness and powering America's wealth, even as legal and political challenges intensify.Listeners, thanks for tuning in. To stay updated, be sure to subscribe wherever you get your podcasts.This has been a quiet please production, for more check out quiet please dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI
India has been thrust into the heart of America’s tariff battles, with President Donald Trump escalating his trade war in late August by imposing a sweeping 50% tariff on nearly all Indian exports to the United States. This unprecedented move comes after months of tense negotiations, broken deals, and failed expectations on both sides. According to the Associated Press and The Good Men Project, the White House executed a two-stage approach—first, a 25% reciprocal tariff was applied effective August 7, then a separate 25% penalty was imposed from August 27, explicitly tied to India’s continued purchases of Russian oil, making American tariffs on Indian goods the highest of any major trading partner.Indian officials estimate these combined tariffs will impact $48.2 billion worth of exports, threatening job losses across sectors like textiles, gems and jewelry, leather goods, food, and automobiles. The pharmaceutical and electronics industries saw exemptions, providing some relief, but key labor-intensive exporters warn that the new duties make shipping to the US commercially unviable. Puran Dawar, Council for Leather Exports Chairman, calls the move “an absolute shock,” noting that both Indian businesses and American consumers will bear the brunt as higher prices ripple through supply chains.New Delhi has protested that this “fee trade,” as economist Michael Ashley Schulman called it in an August interview, is a two-pronged maneuver—classic protectionism dressed as fairness and a geopolitical lever to punish India's strategic decisions. Trump himself justified the tariffs as restoring US manufacturing and fixing trade imbalances, but his administration swiftly tightened enforcement by adding hundreds of everyday items, giving importers and customs brokers almost no time to adapt. As a result, some supply chains are rerouting toward Mexico and Southeast Asia, away from India.India’s negotiating stance turned defensive after last-minute failed deals, as reported by The Daily Star. Despite technical agreements and offers to reduce tariffs on US cars and alcohol and ramp up energy and defense imports, the US demanded more concessions. President Trump’s style—preferring headline-grabbing announcements—left Indian negotiators scrambling. Ultimately, India’s exports to the US hit $8.44 billion in January 2025, up sharply from $6 billion the prior year, but future growth is in serious jeopardy.Perhaps most dramatically, President Trump is promising American voters a $2,000 “Tariff Dividend” payment, supposedly funded from new tariff revenue, even as legal challenges reach the US Supreme Court. The White House maintains its commitment to the India partnership, but the days of friendshoring have been replaced by “tariff-challenged” trade.Thanks for tuning in to India Tariff News and Tracker. Don’t forget to subscribe for your next update. This has been a quiet please production, for more check out quiet please dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI
Today on India Tariff News and Tracker, we’re diving deep into the latest developments shaping the US-India trade relationship, with tariffs making major headlines as we approach the end of 2025.Nearly a tenth of India’s total exports to the United States, representing about $8.3 billion in trade, remain under threat from tariffs imposed under US law. According to Moneycontrol, even as the Supreme Court reviews the legality of former President Donald Trump’s controversial tariffs, duties levied under Section 232 of the US Trade Expansion Act of 1962 are expected to stick around. These Section 232 tariffs—targeting imports considered critical to US national security, such as steel, aluminium, automobiles, timber, copper, and machinery—have a significant impact on India, which relies heavily on the American market for these products. Steel, aluminium, and automobiles together make up more than 85% of the Indian exports still at risk, and the US remains India’s single largest importer for many of these sectors.Trade negotiations between India and the US remain active. The Economic Times reports that Donald Trump, speaking at a White House event this week, hinted that a visit to India could happen next year. He called his relationship with Prime Minister Narendra Modi strong and said that talks on a comprehensive trade agreement are “going great.” Notably, high-level negotiations to double bilateral trade volumes—from $191 billion to a projected $500 billion by 2030—have already completed five rounds since March, with an initial deadline to reach a deal set for fall 2025.Progress toward a new deal is seen as vital because US tariffs on Indian shipments currently stand as high as 25%—with a further penalty of 25% tied to India’s Russian oil purchases. Trump continues to press India to decrease its dependence on Russian energy and pivot toward the US and allied suppliers.In the meantime, these tariffs are having a very real impact at the consumer level. The Economic Times recently highlighted how Indian restaurants and retailers across New York are struggling with increased prices for spices, rice, and pulses due to these heightened tariffs. This spike in costs is squeezing profit margins and forcing business owners to make tough decisions about passing costs along to customers.As of today, there’s still no breakthrough, but diplomats on both sides remain optimistic. Commerce Minister Piyush Goyal says talks are “going on very well,” though the issues at stake—ranging from tariffs to technology transfer to visa policy—remain complex and sensitive. Both nations appear committed to finding common ground for a sustainable long-term partnership.Listeners, thank you for tuning in to India Tariff News and Tracker. Be sure to subscribe for the latest updates on US-India trade and tariff developments. This has been a quiet please production, for more check out quiet please dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI
Welcome to the India Tariff News and Tracker podcast, where we bring the latest headlines and analysis about US-India trade and tariff developments. Today, November 5, 2025, we're tracking some of the most significant moves on the tariff front between Washington and New Delhi.In August 2025, President Trump’s administration escalated trade tensions by slapping an additional 25 percent duty on Indian goods, bringing total US tariffs on many Indian exports up to 50 percent. This hike was a direct response to India’s ongoing purchases of Russian oil, despite pressure from Washington. The policy shift has left some Indian sectors reeling, as higher tariffs have made goods like textiles, engineering products, and specialty chemicals less competitive in the US market. According to Nifty Trader, the United States is now collecting tariff rates of up to 50 percent on many Indian imports, a rate doubled earlier this year specifically as retaliation for India's foreign policy decisions.Meanwhile, the White House says that President Trump is still keen on maintaining strong diplomatic ties with India, and trade teams from both countries are holding what spokesperson Karoline Leavitt described as “very serious discussions” on the subject. She noted that Trump and Prime Minister Modi have spoken frequently, most recently during Diwali celebrations at the White House, underscoring the ongoing importance of this relationship despite rising economic tensions. NDTV reports that both leaders have signaled interest in working toward a new trade deal, though negotiations have become significantly more complex with the current tariff regime.Piyush Goyal, India’s Commerce Minister, recently said that discussions are intense and ongoing but highlighted several “sensitive and serious issues” that need resolution before a comprehensive deal can be reached.Ratcheting up the stakes further, Fortune India reports that earlier this year Trump also imposed a 10 percent reciprocal tariff on nearly all imports, with the 50 percent rate applied to countries like India. The move has spurred legal challenges in the US Supreme Court, which began hearings to assess the legality of these sweeping tariffs. Trade analysts warn that the eventual verdict could reshape US-India Free Trade Agreement negotiations and set important precedents for global trade partnerships.While US tariff revenue now reportedly tops one percent of GDP, according to Brookings, economists warn that such measures are an inefficient way to raise government funds and can do lasting damage to long-term trade relationships. In retaliation, New Delhi has been eyeing alternative markets and diversifying its export partnerships, trying to shield its economy from the brunt of these tariffs.That wraps up today’s edition of India Tariff News and Tracker. Thank you for tuning in, and don’t forget to subscribe for the latest developments in US-India trade relations. This has been a quiet please production, for more check out quiet please dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI
Listeners, welcome back to India Tariff News and Tracker. The latest headlines are dominated by the ongoing tariff standoff between the United States under President Trump and India, with new measures and sharp consequences for trade on both sides.According to tradecomplianceresourcehub.com, President Trump has implemented a sweeping set of new tariffs as part of his "reciprocal tariff" policy. For most U.S. trading partners, the baseline tariff was set at 10% as of April 5th, 2025. However, for India specifically, sources including The Wire and KMS News confirm that a staggering 50% tariff rate has come into effect over the past several months. President Trump described this move as a response to Indian tariffs on U.S. goods and framed the policy as restoring what he calls “fair and balanced” trade by mirroring India’s own import duties.The impact has been immediate and dramatic. KMS News reports that India's exports to the United States plunged by 37.5 percent between May and September 2025, marking a severe contraction for many Indian exporters. Forbes India highlights a similarly grim picture, noting a 12 percent drop in exports following the full implementation of the Trump tariffs. For context, these are the steepest single-country export declines India has faced in nearly two decades.Notably, The Wire points out that the tariff-exempt sectors—areas that had previously been shielded from escalation, such as generic pharmaceuticals and certain textiles—have also suffered significant declines, suggesting that even products not directly targeted by the highest tariffs are being affected by broader commercial uncertainty and compliance costs.While supporters of the Trump administration point to enhanced leverage in ongoing trade talks and the protection of American industries, Indian government sources cited by major news outlets are expressing deep concern over the sustained pressure on sectors like information technology, manufacturing, and agriculture. New Delhi continues to seek exemptions for critical industries, but as of today no new relief has been negotiated.Tradecomplianceresourcehub.com further notes that the U.S. is threatening additional penalties, particularly if India imposes or expands any digital services taxes on American technology companies. This could further escalate the dispute heading into 2026, making tariff policy an ongoing source of tension and uncertainty.Listeners, that’s where things stand: steep tariffs, historic export declines, and no sign of an immediate breakthrough between the U.S. and India. Be sure to subscribe for continuous coverage and expert analysis on how these developments will impact businesses and consumers across both countries. Thank you for tuning in. This has been a quiet please production, for more check out quiet please dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI
Listeners, welcome to today’s episode of India Tariff News and Tracker. We are bringing you the latest on how US tariff policy under President Donald Trump continues to shake up India’s trade landscape, impact critical industries, and influence the future of US-India economic relations.Between May and September 2025, India’s exports to its largest market, the US, plunged 37.5 percent—down from $8.8 billion to $5.5 billion. This marks one of the sharpest short-term collapses in years, according to the Global Trade Research Initiative. The fallout: intensive tariff hikes that began at 10 percent in April, jumped to 25 percent by August, and hit 50 percent by late August for a range of Indian goods. Sectors like smartphones and pharmaceuticals saw spectacular declines, with smartphone exports collapsing 58 percent between May and September. Free-trade products, which make up a third of India’s shipments, contracted 47 percent in just five months. This signals a dramatic change in competitiveness, especially as US tariffs on Chinese imports now stand at 30 percent and Vietnam faces just 20 percent, giving those countries a head start over India in key export sectors.According to India Today’s analysis of the 2025 Busan APEC summit, President Trump and China’s Xi Jinping struck a tactical truce with a rollback of tariffs and a new deal on rare earth exports. While China saw relief—US tariffs dropped from 57 to 47 percent and Chinese firms reclaimed American market share—India found itself on the sidelines. The summit exposed a strategic disadvantage for New Delhi: with Trump focused on bilateral gains with Beijing, US tariffs on India stayed high and India’s previous positioning as a supply chain alternative suffered.The disruptions have been felt most acutely in labor-intensive sectors: textiles, auto parts, pharmaceuticals, and electronics. Rajan, India’s former central bank governor, argues that while developed economies like Japan have secured tariff deals in the 10-15 percent range, India faces rates as high as 50 percent. He warns against making “onerous” promises for temporary relief, urging India to act swiftly to protect its place in global supply chains.There may be hope on the horizon. The Indian government and the Trump administration have hinted at talks for a framework trade agreement, potentially reducing punitive tariffs to around 15 percent. But, as Firstpost points out, until signatures are on the dotted line, volatility is the status quo. For now, Indian exporters are pressing for emergency credit, faster duty remission systems, and additional support to prevent further market share erosion to China, Vietnam, and Mexico.Meanwhile, Trump’s broader vision centers on an “America First” agenda, treating economic alliances as highly transactional. The Supreme Court is reviewing Trump’s authority to impose these tariffs under IEEPA, a ruling that could transform presidential trade powers or roll back “Liberation Day” taxes that hit India and Brazil hardest.Listeners, these developments place India at a crossroads. With high tariffs dragging exports and Washington signaling a pivot to China, India must decide whether to make concessions for trade relief or accelerate strategic autonomy and diversify partnerships beyond the US.Thank you for tuning in and make sure to subscribe for future updates. This has been a quiet please production, for more check out quiet please dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI
Listeners, fresh headlines this week signal a dramatic escalation in US-India trade tensions, with the Trump administration enacting some of the highest tariffs ever recorded on Indian exports. According to Outlook Business, as of September, the US has imposed a punitive 50% tariff on many Indian goods, doubling the previous duty and pushing total trade barriers from 13.9% to a staggering 63.9% on key shipments. This move has delivered a sharp blow to India’s leading labor-intensive sectors, especially textiles, apparel, leather, footwear, handicrafts, and seafood. This is of particular concern as India’s apparel exports to the US alone reached $5.4 billion last year, accounting for 35% of India’s global apparel shipments. The steep tariffs have, in effect, nearly shut Indian garments out of what was their largest and most lucrative foreign market.The pain felt by Indian industry is now reverberating through the broader economy. Rajiv Jain, former chairman of the Gem and Jewellery Export Promotion Council, notes that what is usually the busiest quarter for exports has suddenly gone quiet, with many manufacturers running below capacity or idling, unable to pass massive tariff surcharges on to buyers. The comparison is particularly stark: Indian goods now face a 50% US import duty, while similar products from Vietnam or other competing nations face only 20–30%, effectively making Indian products twice as expensive and uncompetitive overnight.Further complicating India’s trade position, the White House announced on October 17 that starting November 1, 2025, imported medium- and heavy-duty trucks and automotive parts will be subject to an additional 25% tariff. Passenger buses will see a 10% tariff. These sector-specific hikes are the result of a Section 232 investigation, and while Mexico and Canada are the largest exporters affected, India’s manufacturing sector will also feel the pinch if it seeks to enter the US commercial vehicle market, especially with pressure growing on global supply chains.While reports from RILA discuss a flurry of new US trade deals and strategic moves in Asia that may alter tariff landscapes, the near-term effect has been a hardening of tariff walls, particularly on Indian goods. The Economic Times adds that, alongside steep consumer goods tariffs, there is a continuing 25% US duty on crude imports from Russia to India, adding further friction to India’s economic outlook.Listeners, the tariff environment for Indian exporters to the US is now among the toughest seen in decades, rapidly re-shaping global competitiveness, business strategies, and the livelihoods of millions of Indian workers. Stay tuned for further analysis and interviews in upcoming episodes as this situation evolves.Thank you for tuning in to India Tariff News and Tracker. Be sure to subscribe for the latest updates. This has been a quiet please production, for more check out quiet please dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI
Today’s top story for India Tariff News and Tracker: Listeners, in a major development, the US remains poised for a pivotal shift in its trade relationship with India. Just weeks after former President Donald Trump enacted sweeping tariff hikes on Indian goods—raising duties to a staggering 50% as of August 27, 2025, according to WION News—trade talks between Washington and New Delhi have entered their final phase. This increase has hammered critical Indian export sectors such as textiles, gems, jewelry, and leather, prompting widespread concern among Indian business leaders over both economic impacts and the diplomatic future of India-US ties.At a recent APEC CEOs Luncheon in South Korea, Donald Trump publicly reaffirmed his commitment to striking an imminent trade deal with India. He expressed “great respect for Prime Minister Modi” and announced, in his own words, “I am going to do a trade deal with India,” as reported by the Economic Times and NDTV Profit. Negotiators are said to be closing in on an agreement that could slash the US tariff on Indian exports from the current 50% to 15%. Such a reduction, if enacted, would provide much-needed relief to India’s beleaguered exporters and would go a long way toward revitalizing bilateral trade. According to officials quoted by the Economic Times, “the contours of the deal are still being finalised,” but optimism is high that a breakthrough is near.This push for a deal follows months of fraught negotiations since February, with US officials demanding greater access to India’s agricultural market, a curb on the US trade deficit, and a reduction in Indian imports of Russian oil. India, for its part, has been steadfast in protecting its farm sector and is reportedly adjusting its energy sourcing under US pressure.Despite the positive signals, there remains uncertainty around the durability of any future agreement. The Economic Times notes that Trump’s view of tariffs as leverage for both economic and geopolitical objectives means that even a formalized pact may not fully shelter India from future US tariff threats. Trump’s own track record—using tariffs to influence India’s foreign policy choices, including claims of pressuring India in recent Pakistan tensions—suggests that tariffs will continue to be a tool in US diplomatic strategy.For Indian businesses, this moment presents both a challenge and an opportunity. If tariffs do fall to the proposed 15%, Indian exports to the US could recover substantially, especially in key manufacturing, IT, and textile sectors. However, the landscape is still volatile, with the possibility of snap tariff hikes always looming due to shifting US trade and foreign policy aims.Listeners, thanks for tuning in to India Tariff News and Tracker. Don’t forget to subscribe for our next update. This has been a quiet please production, for more check out quiet please dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI
Welcome, listeners, to India Tariff News and Tracker. Here is your update for Monday, October 27, 2025. The latest tariff battle between the United States and India is heating up, with significant headlines and potential turning points that could impact both economies.President Donald Trump earlier this year imposed punitive tariffs totaling 50 percent on a range of Indian goods. This measure is part of Trump’s response to India’s continued purchase of Russian crude oil, which now meets about a third of India's energy needs according to UkrAgroConsult. The US president first announced a 25 percent tariff on India, then followed with a second 25 percent penalty tied directly to oil imports from Russia. As a result, nearly half of India’s $87 billion in annual exports to the US — covering major industries like textiles, gems, jewelry, auto components, and precision engineering — are affected, according to Sify News. These tariffs are expected to reduce India’s GDP by as much as half a percentage point and have hit high-value sectors particularly hard.In the midst of these strains, trade negotiators from both nations have been working towards a deal that could lower tariffs on Indian exports to the US from the current 50 percent to possibly as low as 15 percent. Reports in Textile Today and UkrAgroConsult indicate that while an agreement appears within reach, major sticking points remain, especially over India opening its dairy and agricultural markets to US products and India’s reluctance to phase out Russian oil imports.The US, according to Rediff.com, remains unwilling to reduce tariffs below 25 percent unless India matches or surpasses concessions made by regional competitors like Pakistan, Bangladesh, and Indonesia. India, in turn, is insisting that any reduction should make its goods competitive for the US market, especially compared with those of other Asian countries. Commerce Secretary Rajesh Agrawal is leading talks in Washington, pushing for what he describes as a “win-win solution,” with India seeking to double energy imports from the US without sacrificing its strategic autonomy or domestic interests.Despite the friction, trade figures remain robust. According to India’s commerce ministry, exports to the US from April to July this year grew 21.64 percent to nearly $34 billion, and the US remains India’s largest trading partner. However, Indian officials have made it clear they will not accept a deal made with “a gun pointed towards it,” in the words of India’s Commerce and Industry Minister Piyush Goyal, emphasizing that India plays a long game and negotiates as an equal.Meanwhile, industry voices see this crisis as a potential catalyst for technological transformation. Sify News argues that the tariffs could accelerate India’s shift toward artificial intelligence-driven manufacturing and supply chain innovation, bolstering export competitiveness and ultimately reducing future reliance on vulnerable sectors.That’s all for today’s edition of India Tariff News and Tracker. Thank you for tuning in, and don’t forget to subscribe for more updates. This has been a quiet please production, for more check out quiet please dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI
Welcome to India Tariff News and Tracker. India and the United States are on the brink of finalizing a crucial trade deal that could dramatically reduce the punitive tariffs imposed by President Trump earlier this year. According to multiple sources including The Star and Business Standard, the tariff rate on Indian goods could be slashed from the current 50 percent down to approximately 15 to 16 percent, marking a significant shift in the trade relationship between the two nations.The current situation remains complex. Trump initially imposed a 25 percent reciprocal tariff on India, then added another 25 percent secondary duty specifically targeting India's continued purchase of Russian oil, bringing the total to 50 percent on certain goods. This made India one of the countries facing the highest tariffs under the Trump administration.However, negotiations have progressed substantially in recent weeks. Indian Commerce Minister Piyush Goyal stated Thursday that progress is being made toward a fair and equitable deal in the near future. The talks, which resumed in September after a July deadlock, have focused on agricultural market access, with India considering increased purchases of American soybeans and corn as part of the agreement.The timing of any announcement remains uncertain due to domestic political considerations. While both sides had hoped to announce a deal during the ASEAN summit in Malaysia this weekend, Prime Minister Modi is attending only virtually, with Foreign Minister Subrahmanyam Jaishankar leading the delegation instead. Indian officials are cautious about making announcements before the Bihar state elections in mid-November, given the political sensitivity around agricultural imports in a state that produces both corn and soybeans.Despite the tariff tensions, India's economic outlook remains strong. The IMF projects India will maintain its position as one of the world's fastest-growing major economies, with a growth rate of 6.6 percent for 2025-26, up from the previous estimate of 6.4 percent. This upward revision demonstrates India's economic resilience even in the face of American trade measures.On the Russian oil issue, Trump told reporters Wednesday that India is weaning itself off Russian energy imports and will be down to almost nothing by year's end, though Indian officials have denied any such commitment was made. India imported approximately 1.7 million barrels per day of Russian seaborne crude in the first nine months of this year.Trade experts suggest that finalizing this deal is critical for rebuilding trust between the two nations after months of strained relations.Thank you for tuning in to India Tariff News and Tracker. Be sure to subscribe for the latest updates on US-India trade developments. This has been a Quiet Please production. For more, check out quietplease.ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI
Good afternoon listeners. Welcome to India Tariff News and Tracker for October 24th, 2025.Significant developments are unfolding in US-India trade relations as both countries edge closer to a comprehensive trade deal. India and the United States have progressed to the legal drafting stage of their bilateral trade agreement, with both sides seeing convergence on most outstanding issues. Commerce Secretary Rajesh Agrawal recently concluded talks in Washington last week, and officials report that not much difference remains between the two nations.The urgency for this deal comes as India currently faces a 50 percent US tariff rate on its goods. This includes a base reciprocal tariff of 25 percent, plus an additional 25 percent penalty linked to India's purchases of Russian oil. However, there is promising news on the horizon. Reports from Everstream Analytics indicate that US tariffs on India could ultimately be lowered to 15 to 16 percent from the current 50 percent rate. An announcement regarding this agreement may come at the upcoming Association of Southeast Asian Nations summit scheduled from October 26th through 28th.President Trump has publicly stated that India has agreed to gradually halt purchases of Russian oil products, though India's government has not officially confirmed any recent conversations between Trump and Prime Minister Modi on this matter. Despite Trump's claims that India is cutting back oil imports from Russia, New Delhi maintains that its energy purchases are guided by national interest and energy security.Union Minister Piyush Goyal made India's negotiating stance crystal clear today while speaking at the Berlin Global Dialogue. He emphasized that India will not be rushed into an agreement, stating that India does not do deals in a hurry, with deadlines, or with a gun to its head. Goyal acknowledged the current tariffs but stressed India's resilience, noting the country is exploring newer markets and strengthening domestic demand.While non-tariff barriers remain a sticking point, particularly around India's Quality Control Orders which the US views as barriers for American exporters, both sides appear committed to reaching an agreement. The official deadline for the first tranche of the Bilateral Trade Agreement remains fall 2025, as originally announced by Trump and Modi in February.Thank you for tuning in to today's India Tariff News and Tracker. Make sure to subscribe so you don't miss any critical updates on US-India trade developments. This has been a Quiet Please production. For more, check out quietplease dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI
Listeners, major headlines today point to a pivotal moment in US-India trade relations, with reports confirming that the two nations are on the brink of a long-awaited trade agreement. According to The New Indian Express, Washington is poised to sharply reduce tariffs on Indian exports—from current rates averaging about 50 percent down to around 15 or 16 percent—in return for India’s agreement to gradually decrease its reliance on Russian crude oil imports.Bloomberg, citing sources including India’s Mint newspaper, describes this forthcoming deal as months in the making and suggests it could be announced during a summit between US President Donald Trump and Indian Prime Minister Narendra Modi later this month. Such a tariff rollback would be the most significant shift in US-India trade dynamics in years, potentially ending a period marked by escalating duties and persistent disputes.The anticipated trade pact promises concrete benefits. For Indian exporters, especially in key sectors like textiles, pharmaceuticals, and machinery, lower tariffs would enable greater competitiveness and access to the lucrative US market. For the United States, India’s commitment to dial back Russian oil imports aligns with broader strategic goals to pressure Moscow and encourages India to diversify energy sources.Reciprocal measures are also under discussion. As reported by The New Indian Express, the US would provide tariff relief for a list of major Indian exports, while India would open its markets further to select American agricultural products, including corn and soymeal. Both governments are exploring deeper cooperation in areas such as clean energy and critical technology, highlighting an ambition to turn their engagement into a long-term strategic partnership rather than a mere transactional arrangement.Economic and political hurdles remain. India faces domestic sensitivities about agricultural imports and pressure to ensure that energy supplies remain reliable and affordable as it weans off Russian contracts. For the US, political and industry groups may demand stronger protections for intellectual property and more robust reforms before fully endorsing the deal.If finalized, The Economic Times notes this agreement would potentially transform the two countries’ economic relationship at a time when both are looking for strong partners amid broader trade tensions with China. The move could also set a new template for trade diplomacy, linking tariff reductions with broader strategic cooperation.Expectations are high for an imminent announcement, but key details—including a timeline for tariff cuts and specifics about India’s schedule for reducing Russian oil imports—are still under negotiation.Thank you for tuning in to India Tariff News and Tracker. Don’t forget to subscribe for all the latest updates on tariffs and trade. This has been a quiet please production, for more check out quiet please dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI
Today, listeners, we're diving into the complex and evolving landscape of trade relations between the United States and India. The imposition of tariffs by the US has significantly impacted India's economic strategy and trade dynamics.Recently, the US has imposed a 50% tariff on Indian exports, a move that has been partly attributed to India's continued import of Russian crude oil. According to reports, about half of these tariffs are in response to India's refusal to halt Russian oil purchases. The US views these imports as helping fund Russia's military operations in Ukraine.President Trump has repeatedly threatened India with "massive tariffs" unless it reduces its Russian oil imports. Despite claims that Prime Minister Narendra Modi assured him of halting these purchases, India has maintained that it was unaware of any such conversation. The Indian government emphasizes its energy policies are driven by national interest and the need to secure supplies at stable prices.India has responded by diversifying its export markets, a strategy that seems to be yielding positive results. Economic Times reports that India's exports grew by 6.7% in September 2025, marking a significant turnaround from the previous year. This growth is attributed to increased exports to countries like Spain, the UAE, China, and Bangladesh. However, sectors like textiles continue to struggle due to the high tariffs imposed by the US.These developments highlight the challenges India faces in navigating its economic relationship with the US while maintaining its energy security. As the trade landscape continues to evolve, it will be crucial for India to balance its geopolitical alignments with economic necessities.Thank you for tuning in to this episode of "India Tariff News and Tracker." If you found this informative, please subscribe to stay updated on the latest news and developments in this critical area. This has been a quiet please production, for more check out quiet please dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI
Listeners, welcome to India Tariff News and Tracker, your podcast for the latest headlines, numbers, and analysis on India-US tariffs as of October 19, 2025.US-India trade relations have shifted dramatically in recent months, following President Trump’s administration imposing a sweeping 50 percent tariff on all Indian goods, effective since August 27. This policy move was intended to rebalance trade but has instead created immediate and harsh consequences for Indian exporters. The Economic Times and Business Standard report that merchandise exports from India to the US shrank by 11.9 percent in September, dropping to $5.5 billion, after edging up by 7 percent in August as exporters rushed to beat the tariff hike. Without this frontloading effect, the contraction would have been even more severe.India's export sectors seeing the most pain include textiles, jewelry, electronics, steel, and chemicals, which have traditionally driven the trade surplus India enjoys with America. The Financial Express notes that US-bound shipments fell sharply, even as Indian goods should have become cheaper for US buyers due to the rupee’s depreciation. This underscores the magnitude of the tariff shock faced by Indian businesses.Still, Commerce Minister Piyush Goyal remains confident that India will end the fiscal year with net positive export growth, emphasizing that the government will continue protecting domestic farmers, MSMEs, and fishermen during ongoing trade negotiations. Bilateral talks on a limited trade agreement are progressing, although Washington’s 50 percent tariff remains a major sticking point. Negotiations have completed five rounds, with parties aiming to finalize the first phase of a deal before year-end, according to both the Economic Times and the Financial Express.Meanwhile, India is seeing strength in trade with non-US markets. Crisil and Deccan Chronicle note exports to these regions surged by 10.9 percent in September. This diversification has helped offset some losses from the US market, ensuring the current account deficit remains moderate, largely thanks to robust services exports, strong remittances, and easing crude oil prices.However, the US remains India’s top trading partner, with total bilateral trade around $132 billion in the last financial year, and the impact of the tariffs is forcing tough choices on New Delhi. India Today highlights the strategic debate: should India prioritize a trade deal with Washington, or continue its favorable energy imports from Russia, despite the pressure and ongoing global tensions?Looking ahead, the legality of President Trump’s steep tariffs could soon face scrutiny by the US Supreme Court. Organiser reports the law as written only allows the president to impose tariffs up to 15 percent for 150 days under very narrow conditions, making this a case with potentially broad implications for US-India trade policy.Listeners, that’s the latest on the India-US tariff story, the numbers, the headlines, and the crucial policy dilemmas. Thank you for tuning in to India Tariff News and Tracker. Make sure to subscribe so you never miss an update. This has been a quiet please production, for more check out quiet please dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI
Listeners, today's top story is the unprecedented 50% U.S. tariff on most Indian goods, a direct result of actions taken under former President Donald Trump’s 2025 executive order. Effective since August 27th, these tariffs combine an initial 10% baseline duty, a 25% reciprocal tariff, and an additional 25% penalty specifically targeting sectors such as textiles, gems and jewellery, leather, auto parts, chemicals, agricultural products, machinery, marine products, and more. This marks the steepest tariff hike India has ever faced from a major trading partner, with only pharmaceuticals, electronics, energy, and critical minerals exempt in order to protect key U.S. supply chain interests, as ClearTax reported earlier this week.Over 55% of India’s $87 billion annual exports to the U.S. have been placed at risk, and exporters are bracing for what could be a $4–5 billion drop in outbound shipments this year and a hit to India’s GDP in the range of 0.3–0.5%. Textiles, gems, and auto parts are among the hardest hit, with industry associations reporting widespread concern and calls for government support for MSMEs caught in the crossfire. Despite these headwinds, the Indian government has, as of now, opted for diplomacy and WTO consultations rather than immediate reciprocal tariffs. New Delhi is focusing on export diversification and support for domestic manufacturers rather than direct retaliation.Economic Times reports that Indian exports to the United States plunged 37.5% between May and September 2025—falling from $8.8 billion to $5.5 billion in just four months. Despite the steep decline, India’s exports to other regions such as Spain, the UAE, China, and Bangladesh have shown resilience. Electronics and marine products, for instance, posted year-on-year growth, highlighting India’s strategic shift in export destination channels. September 2025 saw electronics shipments rise 50.5%, marine products up 23.4%, and gems and jewelry maintain marginal growth, according to both brokerage and government data. Textile exports, however, declined more than 10%, underlining the challenges for labor-intensive sectors.The U.S. fashion industry is feeling the squeeze as well. According to transcripts from recent Q2 and Q3 earnings calls collected by Shenglu Fashion, leading brands like G-III Apparel, Victoria’s Secret, and Tapestry are projecting record cost increases from the India tariffs, with new inventory costs spiraling into the hundreds of millions of dollars for 2025. Retailers such as Ross Stores and Burlington note that consumers should expect higher prices for goods sourced from India, potentially by the end of the year, given both the scale and permanence of these tariffs.As it stands, listeners, the India tariff rate from the U.S. is at a historic high of 50% and has disrupted everything from domestic stock markets to global sourcing strategies. The coming months will be crucial, with further diplomatic talks and a possible tariff review expected after the 2026 U.S. elections. We’ll be watching closely to see how India adapts—through trade deals, export diversification, and strategic government support.Thank you for tuning in, and don’t forget to subscribe to India Tariff News and Tracker for continued coverage and real-time updates. This has been a quiet please production, for more check out quiet please dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94QThis content was created in partnership and with the help of Artificial Intelligence AI
loading
Comments 
loading