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

India Tariff News and Tracker

Author: Quiet. Please

Subscribed: 0Played: 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
55 Episodes
Reverse
Listeners, welcome to India Tariff News and Tracker—a special update on the latest headlines and tariff developments between the US, President Trump, and India, recorded September 5, 2025.The trade relationship between the United States and India has reached a new level of tension, with President Trump’s administration doubling down on tariffs targeting Indian exports. According to the latest KPMG report from September 2025, the US has sharply raised tariffs on Indian goods, increasing the rate from 25% to a staggering 50% as of August. This has delivered a significant blow to key Indian export sectors, particularly the country’s vital gems and jewelry industry, which relies heavily on American demand.Former US officials and trade experts have voiced concerns that these tariff hikes—cumulative 50% levies on select Indian exports—risk not just the economic partnership but the broader strategic alliance between Washington and New Delhi. Jake Sullivan and Kurt Campbell, both well-known from the Joe Biden era, recently warned in Foreign Affairs that the “unprecedented discord” brought about by these tariffs could push India closer to China and Russia's strategic orbit, threatening longstanding bipartisan support for strong ties between the world’s two biggest democracies.Behind the numbers, the motives are as contentious as the consequences. President Trump’s trade team defends the move as a push for “fair and reciprocal trade,” mainly justified by what Trump repeatedly calls a “one-sided” relationship in favor of India. But trade analysts, including those at The Wire, note that the White House is layering a 25% “fair and reciprocal” tariff on top of another 25% directly linked to India’s energy imports from Russia. This effectively weaponizes trade negotiations for broader geopolitical aims.India, meanwhile, is under mounting pressure. An open letter from a coalition of major Indian civil society groups has labeled the latest US demands as “tariff blackmail.” The coalition warns that caving in could jeopardize India's autonomy over drug patent policy, digital data management, and the massive government procurement market. The US is also reportedly pressing India to limit its ties with Russia, Iran, and Venezuela—making this much more than a fight over tariffs alone.Economically, the new tariffs are already being felt by American consumers and businesses as well. Analysis from Yale’s Budget Lab shows that, thanks to all 2025 tariffs including those on India, the average effective tariff rate in the US has shot up to 17.4%, the highest since the 1930s. This increases costs for imports and results in rising prices and lower purchasing power for US households.Despite the turmoil, Indian authorities remain hopeful that this 50% tariff is a short-term tactic, not a permanent shift. India’s Chief Economic Advisor, V. Anantha Nageswaran, suggested this approach won’t be a “long-term positive” for either country and called for cooler heads to prevail.In a cryptic social media post, President Trump himself acknowledged rising tensions, remarking that “China kills us with tariffs, India kills us with tariffs, Brazil kills us with tariffs,” suggesting dwindling hopes for an immediate trade deal with India.Listeners, we’ll keep tracking these fast-moving developments and what they mean for India’s economy, trade policy, and global standing in the weeks ahead. Thanks for tuning in to India Tariff News and Tracker—don’t forget to subscribe for your weekly 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/4iaM94Q
Listeners, welcome to India Tariff News and Tracker.The US-India trade landscape has seen high drama this week as President Donald Trump fiercely defended his administration’s imposition of a sweeping 50 percent tariff on Indian exports, a move now firmly in effect since August 27, 2025. According to Trump, these tariffs are a direct response to what he calls a “one-sided” trade relationship and to India’s continued purchases of discounted Russian oil—actions Washington argues harm US strategic interests and domestic manufacturers. Trump’s message has been clear: for years, American companies faced steep import duties in India—citing the iconic example of Harley-Davidson motorcycles, which Trump says were subject to tariffs of up to 200 percent unless built locally—whereas Indian goods, from textiles to leather goods, flowed relatively freely into the US market. As reported by Economic Times, the new 50 percent tariff comprises an initial 25 percent reciprocal tariff plus an additional 25 percent penalty specifically tied to India’s ongoing purchases of Russian oil.India has repeatedly rejected Washington’s rationale for these tariff hikes, with Prime Minister Modi emphasizing the country’s “red lines” around protecting farmers and small industry. During recent remarks quoted in India Today, Modi doubled down that India “will never compromise on the interests of farmers, fishermen, and dairy farmers,” even under significant external pressure. At the same time, India’s government has described these US tariffs as unjustified and unreasonable, while pointing out that New Delhi has offered in the past to dramatically reduce trade barriers—but according to Trump, such gestures are “too late.”Both nations have engaged in protracted negotiations for a new Bilateral Trade Agreement, but the abrupt tariff escalation derailed the latest round of talks, which were scheduled for late August and now remain postponed with no new date set. This is a significant blow for both sides, especially as they had aimed to conclude an initial agreement by later this year, with hopes of doubling bilateral trade to $500 billion by 2030.Criticism of the Trump tariff strategy isn’t limited to India. Prominent US analysts like NYU’s Edward Price have called the tariffs counterproductive, warning on Times of India that this approach risks alienating a crucial partner at a time when the US is already locked in conflicts with China and Russia. Congressional Democrats on the House Foreign Affairs Committee have also labeled the move “harmful to Americans” and questioned the logic of targeting India—rather than China—with the harshest measures.Listeners, this round of tariffs has sent shockwaves through global markets and risks seriously testing US-India relations, which are pivotal for the Indo-Pacific balance of power. As this story continues to evolve, we’ll bring you the latest news and analysis here.Thanks for tuning in to India Tariff News and Tracker. Remember to subscribe for updates on these critical 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/4iaM94Q
US tariffs on Indian exports have reached an unprecedented 50 percent, with the rate doubling at the end of August. This move comes directly from President Donald Trump, who announced the new levies as both a reciprocal trade action and a penalty linked to India’s continued purchases of oil and military equipment from Russia. According to Bloomberg, Trump claimed India recently offered to cut its tariffs on US goods to zero, but said, “It’s getting late. They should have done so years ago.” Trump stated that the economic relationship has been “a totally one-sided disaster for many decades,” arguing that India’s high tariffs have long shut American businesses out of the Indian market.Business Today notes that the new 50 percent tariff applies to a wide range of Indian exports, including textiles, gems and jewelry, footwear, chemicals, machinery, leather goods, and shrimp. However, sectors such as pharmaceuticals and electronics have so far been spared from these steep duties. Analysts forecast India could lose between $55 to $60 billion in export revenue, which would likely result in significant job losses and a projected 1 percent GDP hit for India over the next year. This drastic change could push Indian exports to the US down from approximately $87 billion in 2024 to about $50 billion by 2026.Trade relations have grown especially tense following comments from US Treasury Secretary Scott Bessent, who flagged the lack of progress on a new trade deal despite an early start in April. Trump’s administration attributes the tariff escalation not only to slow trade negotiations but also to India's expanding oil and defense purchases from Russia—a factor Trump repeatedly highlighted in recent posts.Despite the pressure, India’s government has dismissed the US tariffs as “unfair, unreasonable and unjustified.” Trade Minister Piyush Goyal affirmed India’s resolve, stating, “India will neither bow down nor ever appear weak.” Recent strong GDP growth numbers—7.8 percent for April to June—have been highlighted by Indian officials as a sign of resilience, but expert warnings persist about the potential for the new tariffs to dampen future economic expansion.At this stage, legal challenges over Trump’s tariff policy are underway in US courts, but the higher rates remain in effect. Both the Indian government and US officials have left the door open to further negotiations but significant hurdles remain, and appeals are expected to drag into October.Thanks for tuning in to India Tariff News and Tracker—make sure to subscribe for ongoing 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/4iaM94Q
Listeners, today’s breaking story is the dramatic escalation in tariffs between the United States under President Donald Trump and India, which has put bilateral trade and diplomatic relations under severe strain. As of this week, the US has imposed a staggering 50% tariff on Indian goods—the highest rate applied to any major trading partner other than Brazil, according to ScanX Trade and NDTV reports. These tariffs began with a 25% “reciprocal” duty targeting Indian exports, but quickly doubled after India signaled its intention to continue purchasing Russian oil, defying US demands to restrict those imports.The Trump administration has justified these actions as a way to punish what it sees as unfair Indian trade policies and India’s refusal to stop buying Russian oil. However, investigative reporting by outlets like the Times of India and the Hindustan Times suggest the real motive may be less about oil and more about Trump’s personal displeasure over being denied a mediating role in the India-Pakistan conflict. That, combined with increasingly antagonistic rhetoric from US officials—calling India’s economy ‘dead’ and labeling the Ukraine conflict ‘Modi’s war’—has soured relations further.Prime Minister Narendra Modi has responded with restraint but determination, telling Indian media that pressure from Trump’s tariffs will not deter India’s strategic choices or economic priorities. According to India’s Ministry of Commerce, New Delhi has “effectively walked away from trade talks,” judging the tariffs to be “unjustified.” Yet, government sources confirm channels of informal communication remain open for possible future negotiations on a broader trade deal.Meanwhile, prominent commentators and former diplomats have criticized Trump’s approach. Fareed Zakaria, Nikki Haley, and Kenneth Juster have all warned that these unilateral tariffs represent a major setback in US-India relations, undermining decades of bipartisan progress and making it harder for both countries to counter the growing power of China. NDTV panelists have called the US actions “bullying,” arguing that treating a major nation like India as if it were a subordinate is counterproductive and divisive.Importantly, a US appeals court has just declared President Trump’s tariff measures illegal, ruling that such action exceeds presidential authority and should fall to Congress. Relief for Indian exporters, however, depends on the Supreme Court’s final decision, which might not come until early 2026, meaning these 50% duties will remain in place for months. Experts like Abhijit Das of the Centre for WTO Studies say this is a “moral victory” for India and like-minded countries, but for now, Indian producers and shippers will continue to face these severe trade barriers.India’s government is working on steps to protect exporters and boost domestic demand to cushion the impact. Economic Affairs Secretary Ajay Thakur has expressed confidence that India’s fiscal targets remain achievable, despite mounting trade tensions.Listeners, with the impact of these tariffs still unfolding, and courts and diplomats locked in high-stakes debate, the next few months could be decisive for India-US trade relations. Stay tuned and subscribe for the next update on India Tariff News and Tracker. Thanks 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/4iaM94Q
Listeners, today’s biggest headline in US-India trade is the implementation of a staggering 50% US tariff on Indian imports as of August 27, 2025. According to Coppersmith Global Logistics and confirmed by multiple industry news outlets, the US doubled its previous 25% tariff with an additional 25% penalty hike. This combined rate now applies to nearly all Indian goods entering the American market, unless the cargo was already in transit before August 27 or qualifies for specific exemptions under certain headings in the Harmonized Tariff Schedule.This dramatic escalation, as explained in recent reports from TimeTrex and VitalLaw, is rooted in two factors. First, longstanding trade grievances about Indian tariffs on US goods and what the Trump administration calls an unfair trade balance. Second, a newly invoked penalty linked to India’s continued purchase of Russian crude oil and military equipment. The penalty tariff was enacted through an executive order under the International Emergency Economic Powers Act, establishing a precedent for quick and sweeping action without Congressional approval.Listeners should know that this move has shaken both the Indian export sector and US importers. In practical terms, companies with Indian-origin goods now face a duty exposure that is double what it was just weeks ago. If your company is importing textiles, pharmaceuticals, machinery, or any of the broad range of products from India, the cost impact is immediate and substantial. Coppersmith Global Logistics advises regular reviews of your product classifications and close checks on possible exemptions to avoid unnecessary overpayment.The broader context is deeply political. As covered in The Economic Times and Jefferies investment research, President Trump’s imposition of these tariffs was not just about oil or trade: Washington insiders and nonpartisan US Congressional Research Service reports suggest that Trump’s move followed India’s refusal to accept US mediation in its conflict with Pakistan earlier this year. The failed India-US trade deal and toughened stance have coincided with President Trump hosting Pakistan’s army chief at the White House, drawing sharp criticism from New Delhi. The result, as the Times of India points out, is a level of mistrust not seen in decades—a stark shift from the bipartisan partnership cultivated over 25 years.Visual Capitalist’s global tariff data confirms that, alongside Brazil, India now faces the highest US tariff rate globally at 50%. While some US officials claim these tough tariffs are about protecting American jobs, the reality is deepening economic pain for both sides: US consumer prices are rising, and India’s growth forecasts are being revised downward.As the situation unfolds, there is no sign of immediate negotiations or a rollback of the hikes, and India has so far held back from retaliatory tariffs, focusing instead on shoring up its domestic economy and seeking new export markets.Thank you for tuning in to India Tariff News and Tracker, where we bring you all the latest on tariffs, global trade, and US-India relations. Be 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/4iaM94Q
Listeners, today’s edition of India Tariff News and Tracker features what may be the most consequential trade development in years for India–U.S. relations: as of this week, a 50% tariff imposed by the United States on a range of Indian goods is officially in effect. This move was initiated under the Trump administration, which has returned to Washington and wasted no time targeting India with sweeping tariff hikes. CNBC Arabia reports this tariff applies to sectors across the board, with a particularly punishing effect on Indian textile exports—a cornerstone of India’s labor market and a major source of employment for millions. As Horizons Middle East & Africa points out, the U.S. remains India’s largest export market, and last year Indian exporters sent $87 billion worth of goods to American buyers. Now, high tariffs threaten to shut down access to this huge market, already resulting in buyers putting new orders on hold and signaling potential job losses in the months ahead. Observers warn that if the impasse drags on without a breakthrough or trade deal, India’s labor-intensive sectors could be hit especially hard.The Indian Express reports that political reactions in New Delhi have been swift and sharp. The opposition Congress party criticized what it called a “MAHA headache,” blaming the current government for allowing the situation to escalate as former President Trump doubles down on his objections to India’s continued purchases of Russian oil. This, sources say, is a major trigger for the U.S. tariff action.At the diplomatic level, the ramifications are already evident. With no U.S.-India trade deal in sight, Prime Minister Modi is pivoting India’s global trade strategy. According to coverage from Horizons Middle East & Africa, India is strengthening ties within the BRICS bloc; Modi is expected to meet China’s President Xi Jinping next week, and India and Russia have pledged to ramp up their own trade regardless of U.S. moves. Of note, oil has so far been exempt from the tariffs, leaving energy flows between India and the U.S. intact for now.Industry watchers are warning that even though oil is excluded, the broader freeze in U.S.-India trade is likely to reverberate through several sectors, prompting urgent calls from Indian exporters and policymakers for diplomatic solutions or diversification toward new markets.Listeners, that’s the latest on the U.S.-India tariff standoff and its impact on the Indian economy, workforce, and geopolitics. Be sure to subscribe for updates as the situation unfolds. Thank you for tuning in. 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/4iaM94Q
Listeners, today’s top story is the escalation of tariffs between the United States and India, with dramatic new developments set to shake trade ties this week. Starting Wednesday, Indian goods entering the US will be hit with a 50 percent tariff, as President Trump doubles down on duties in a bid to pressure India over its continued import of discounted Russian oil. This move effectively doubles the existing tariff rate, which had already been causing pain across sectors like textiles, pharmaceuticals, gems and jewelry, auto parts, and especially seafood, where exporters are now bracing for large-scale order cancellations.According to Business Standard and the Times of India, this 50 percent tariff could threaten up to $87 billion in Indian exports—nearly a fifth of India’s outbound shipments to its single largest export destination. Indian officials anticipate the new tariffs could reduce India’s GDP growth by up to 0.6 percentage points, with financial agencies like Nomura projecting a new base case growth rate of 6.0 percent for the coming fiscal year.The backdrop: President Trump’s administration has defended these duties as “aggressive economic leverage,” deploying them not simply for trade goals but as an explicit tool to punish India’s energy ties with Russia. US Vice President JD Vance stated that the tariffs are designed to make it harder for Russia to benefit from its oil trade, with the intention of forcing Moscow to stop its ongoing military campaign in Ukraine. Notably, New Delhi has forcefully rejected the American line, maintaining its right to source oil wherever it secures the best deal, especially in the face of Western sanctions on Moscow. India’s ambassador to Russia, Vinay Kumar, has repeatedly called the US move “unfair, unreasonable, and unjustified.”The diplomatic fallout is severe. Scheduled high-level US-India trade talks were abruptly called off, and India’s Prime Minister’s Office is convening an emergency meeting to develop sector-specific relief, particularly targeted at small- and medium-scale exporters most vulnerable to cost shocks. Policy measures under review include cluster-based working capital funds and credit guarantees to cushion the blow.External Affairs Minister S Jaishankar reflected on the pressures, stressing that India’s trade policy would remain rooted in the interests of its farmers and small businesses, and that diversification of export markets was now a strategic imperative. He called out what he called the “novel use” of tariffs for non-trade objectives under Trump, emphasizing that India will not compromise its strategic autonomy.This fast-moving tariff standoff leaves the future of India–US economic ties uncertain. As Indian exporters dig in and officials scramble, all eyes are on whether ongoing diplomacy can deliver any relief, or if New Delhi will redouble efforts to boost local consumption and pivot towards alternative markets.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 quietplease.ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94Q
Welcome to India Tariff News and Tracker. Today’s spotlight is on a week of remarkable tension and change in the US-India economic relationship, shaped by dramatic US tariff hikes and sharp responses from Indian leaders.US President Donald Trump has moved ahead with one of the most aggressive tariff actions in the world, imposing a 25 percent tariff on Indian goods, and confirming that this rate will double to a stunning 50 percent from August 27, 2025. According to Telangana Today and Times of India, these tariffs are explicitly a response to India’s growing imports of Russian oil—an area where Indian policymakers maintain their right to independent decisions. President Trump says the purchases are helping Russia fund its war in Ukraine, but Indian leaders, including Foreign Minister S. Jaishankar, have dismissed the move as unfair, pointing out that other major buyers of Russian oil such as China and the European Union have not faced similar US penalties.The new trade barriers are already having a chilling effect on India’s key export sectors. Kolkata’s $4.1 billion leather industry, for instance, is now grappling with immediate price shocks, with US import duties on Indian footwear jumping from 5-8 percent to nearly 50 percent. Exporters warn that American retailers are quickly shifting supply chains to competitors like Vietnam and Indonesia, whose imports face much lower tariffs. Council for Leather Exports vice chairman Ramesh Juneja said the industry is almost paralyzed, and some Indian manufacturers are exploring moving final production to Europe to sidestep the new duties, as reported by the Times of India.Beyond the industry impact, trade experts such as those at Capital Economics warn that the full brunt of these tariffs could trim India’s economic output by at least 0.8 percentage points this year and the next. That would push Indian GDP growth below six percent, undermining one of the world’s most promising emerging economies.India is seeking to cushion the blow, with Prime Minister Narendra Modi announcing new cuts to the goods and services tax, potentially bringing everyday prices down for Indian consumers and businesses. This tax overhaul aims to soften the pain as Indian exporters face plunging orders and uncertainty.Negotiations, however, are at an impasse. US trade representatives abruptly canceled a planned visit to New Delhi this week, removing a pathway for urgent dialogue. Despite the standoff, Indian officials say lines of communication remain open and they will defend the interests of their farmers and small producers, drawing a hard line on issues like agricultural subsidies.Many analysts and policy voices, such as those at the Australian Institute of International Affairs, are urging Washington to adopt a more collaborative approach, warning that harsh tariffs could drive India closer to China—a strategic blunder for the US in the Indo-Pacific.Thanks 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/4iaM94Q
Listeners, today’s biggest headline in India-US trade relations is the historic tariff escalation announced by President Donald Trump’s administration. Starting August 27, US tariffs on Indian goods will surge to 50 percent—doubling from the previously imposed 25 percent, in direct retaliation for India’s ongoing purchases of Russian oil. According to NDTV and reporting from multiple American outlets, Trump’s team accuses India of running what they’ve called a "profiteering scheme" and insists the new punitive tariffs are a response to what the administration sees as India fueling Russia’s war machine with its energy trade.Peter Navarro, Trump’s trade adviser, has dubbed India the “Maharaj of tariffs” and predicts these steep levies are not just economic measures but political tools. Navarro contends the US is targeting India to send a strong message to both New Delhi and Moscow, especially since India’s percentage of Russian oil imports jumped from just 1 percent before the Ukraine invasion to 35 percent after. The US administration insists these purchases are helping fund Russia’s war, hence the unprecedented tariff rate, one of the highest ever levied on any major US trading partner.Despite the mounting pressure, India’s government, led by Foreign Minister S Jaishankar, has publicly expressed surprise and frustration. During a recent Moscow visit, Jaishankar reminded the US that Washington itself had encouraged India to buy Russian oil to help stabilize global energy markets after 2022. The Indian position is clear: national interest comes first, and India will not compromise its energy security or economic growth for foreign demands. In fact, India has pointed out that while its Russian oil purchases have increased, China remains the largest consumer of Russian energy, and European LNG imports from Russia far outstrip India’s.Economic analysts, according to New India Abroad and Stanford economist Neale Mahoney, emphasize that these tariffs are essentially political punishment. Trump’s approach marks a dramatic shift from traditional trade policy, leveraging tariffs as bargaining chips to pressure governments, disrupt supply chains, and ultimately encourage US consumers to buy American-made products. The rate hike is expected to raise prices for US businesses and consumers by about 1.5 percent. Small business owners, especially ethnic grocery store operators who rely on Indian imports, are feeling the pinch from sudden, sharply higher customs bills.Experts argue that India has become collateral damage in Washington’s campaign to squeeze Russian revenue and pressure Moscow over Ukraine, while China and Turkey—also major Russian customers—escape similar scrutiny. The unpredictability of this tariff regime is causing growing concerns for India’s exporters, and the government is actively exploring new overseas markets while adjusting domestic policies to mitigate the fallout.Thanks for tuning in to India Tariff News and Tracker. Don’t forget to subscribe for more updates on the global trade landscape and its impact on India. 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/4iaM94Q
Listeners, here’s your update for August 20, 2025, from India Tariff News and Tracker. The big headline: almost $48.2 billion worth of Indian goods headed to the United States are about to be hit with a massive 50 percent tariff. According to the Economic Times, this new measure involves a 25 percent reciprocal tariff imposed on Indian exports to the US starting August 7, and an additional 25 percent ad valorem duty kicking in from August 27. The Indian government, through Commerce and Industry Minister Jitin Prasada, has stated in Parliament that these tariffs could impact sectors ranging from textiles to high-tech manufacturing and are a direct reaction to recent US actions.President Donald Trump’s administration rolled out this sweeping set of tariffs earlier this month. The American Bazaar Online reports that Trump first announced a 25 percent levy on Indian goods, then quickly added another 25 percent tied to India’s ongoing purchases of Russian oil. The result is a tariff shock that many analysts believe could set back US-India economic relations by a generation. Both sides had been making progress toward a bilateral trade agreement, but the US trade team has postponed the next round of talks scheduled for this week.The Times of India highlights that these new tariffs are part of the Trump administration’s broader agenda to pressure Russia over the Ukraine conflict. US press secretary Karoline Leavitt explained that the administration’s intent is to use trade measures against India to apply “secondary pressure” on Moscow. As a result, Indian refiners are now holding back on Russian oil tenders for September, worried about potential penalties and disruptions in the oil supply. This is significant, as Russian oil accounts for about 35 percent of India’s imports.From a strategic perspective, Trump’s top trade adviser Peter Navarro wrote in the Economic Times that India depends too much on the US as its largest export market, warning that around $87 billion in annual exports are at risk if India does not align its economic policies more closely with Washington’s priorities. The risks here are not just economic; there are broader concerns about whether the US push could push India closer to China, as Indian business leaders quietly explore deals in high-tech sectors with Chinese firms to buffer the shock from US trade measures.The Diplomat adds that as the US uses tariffs more aggressively as a tool of foreign policy, India is now looking to diversify its trade relationships and reform its domestic economy to weather the storm. During April to July of this year, Indian exports to the US actually rose by over 21 percent year-on-year, but there is widespread concern among policymakers and industry leaders about how long that trend can continue in the face of escalated tariffs and countervailing duties.Thanks for tuning in to India Tariff News and Tracker. Subscribe for more updates about tariffs, trade policy, and the economic forces shaping India’s future. 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/4iaM94Q
Listeners, today’s top story in global trade is the sweeping escalation of US tariffs on Indian goods under the Trump administration. As of August 7, President Trump ordered a 25% tariff on Indian imports, and in response to India’s ongoing purchases of Russian oil, announced a further hike to a staggering 50%, set to take effect on August 27. According to the Economic Times, this move vaults India into the position of America’s most heavily taxed Asian trading partner, with the White House justifying the tariffs as pressure to curb Moscow’s wartime revenues and force a ceasefire in Ukraine.The timing is no accident. President Trump is days away from his Alaska summit with Russian President Vladimir Putin, seeking leverage at the negotiating table. In an interview with Fox News Radio, Trump openly tied the Indian tariffs to influencing Moscow, pointing out that stripping Russia of its second-biggest oil buyer is meant to bring Putin to talks. Treasury Secretary Scott Bessent has even warned that tariffs could be ratcheted up further if Russia does not halt its actions in Ukraine. Despite these geopolitical aims, India has called the measures “unfair, unjustified, and unreasonable,” emphasizing its energy security needs and defending its oil trade with Russia as essential to protecting millions of Indians from rising fuel costs.Economic implications for India are immediate and severe. The Times of India reports the steep tariffs could slash Indian exports to the US by between $30 and $50 billion, depending on how much trade shifts elsewhere or adapts to new costs. Labor-intensive sectors—especially textiles, gems and jewellery, marine products, auto components, and agriculture—face brutal setbacks. Gems and jewellery alone, sending a third of output to the US, could see sales collapse, with India’s overall GDP growth forecast trimmed by up to one full percentage point if worst-case scenarios materialize.The motivations behind these tariffs run deeper than economics. Experts at the Global Trade Research Initiative, cited by both the Economic Times and Columbia Energy Exchange, argue that the White House is using tariffs as a blunt lever to force India’s compliance on a host of issues, including agriculture, patent laws, and military purchases. India’s refusal to “fall in line” contrasts with Washington’s expectations of countries like Pakistan. With bilateral talks deadlocked over US demands for access to the vast Indian agriculture and dairy market, Prime Minister Modi has declared his government will never compromise on the livelihoods of Indian farmers and fishermen.Despite tariff threats and frosty rhetoric, both sides insist dialogue continues. Commerce secretary Sunil Barthwal confirms ongoing negotiations, with the next round set for late August. The eventual aim remains ambitious: a first-stage bilateral trade agreement by October and a doubling of US-India trade to $500 billion by 2030, a sharp contrast to the current $191 billion figure.That wraps up this edition of India Tariff News and Tracker. Thank you for tuning in—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/4iaM94Q
Listeners, welcome back to India Tariff News and Tracker. The biggest story this August is President Donald Trump’s move to double US tariffs on Indian imports. Just last week, Trump signed an executive order that slaps an additional 25 percent tariff on all Indian-origin products due to India’s ongoing purchases of Russian oil. This tariff is on top of the 25 percent “reciprocal tariff” rolled out on August 7, which means that by August 27, many Indian goods will face total US duties of 50 percent. Only a few sectors, such as some pharmaceutical and consumer electronics exports, are reportedly exempted, but for most products, this is among the steepest US tariff rates globally.The rationale from the White House is that India’s oil imports from Russia “undermine US efforts to counter Russia’s harmful activities” and present what’s described as an “unusual and extraordinary threat” to US national security. Trump administration officials have accused India of not only importing large amounts of Russian oil, but also reselling it on the open market, allegedly for major profits. In response, India’s Ministry of External Affairs has called the move “unfair, unjustified, and unreasonable,” and stated that New Delhi would take all steps necessary to protect its national interests. There’s been no announcement yet of retaliatory measures by India, but officials are doubling down on strategic ties with Russia and BRICS partners, signaling that they won’t be pressured into altering their energy policy.Adding to the tension, US Treasury Secretary Scott Bessent said just yesterday that India is being “recalcitrant” in ongoing US-India trade talks. Despite US expectations, Treasury officials admit that there’s little prospect of a quick resolution. President Trump himself flatly refused to resume trade dialogue with India until the tariff dispute is settled. These developments have cast a shadow over what was once a promising partnership between Prime Minister Modi’s government and Washington. Earlier in Trump’s term, Modi was one of the first world leaders Trump hosted in his second term. But this summer, visible friction over everything from US mediation claims in India-Pakistan disputes to spelling out differences on energy strategy have led to a rapid unraveling in relations.On the economic side, S&P Global Ratings says these harsh tariffs are unlikely to threaten India’s overall GDP growth or its sovereign rating, since India is not heavily trade-dependent. US imports make up only about 2 percent of India’s GDP, and key sectors like pharma are largely spared. That said, Indian exporters in textiles, gems, steel, auto parts, and other manufacturing sectors are bracing for major disruptions in the US market, even as India pivots trade and diplomacy towards alternative partners like China and Brazil. Notably, while India now faces one of the sharpest tariff punishments, the Trump administration has offered a 90-day truce to China as part of ongoing negotiations, a contrast that has not escaped New Delhi’s notice.Thank you for tuning in to this special update on India Tariff News and Tracker. Don’t forget to subscribe for the latest on trade actions, policy moves, and the real-time impact on Indian business and global affairs. 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/4iaM94Q
You’re listening to India Tariff News and Tracker for Monday, August 11, 2025. The headline today: the United States is moving to impose a steep 50 percent tariff on most Indian goods by August 27, after President Donald Trump doubled down on an initial 25 percent levy announced at the start of the month. According to NDTV, Trump first set a 25 percent tariff on August 1 and then added another 25 percent, citing India’s continued purchases of Russian oil as the driver of the escalation. NDTV also notes US-India trade topped $200 billion in 2023, underscoring how significant this shock could be to bilateral commerce.The Times of India reports the additional 25 percent tariff takes effect August 27, lifting cumulative duties on India to 50 percent and placing India among the highest-taxed US trading partners globally. Vice President JD Vance said the administration is still weighing whether to apply similar measures to China’s Russian oil purchases, highlighting broader geopolitical stakes.Firstpost reports Prime Minister Narendra Modi has responded that India “will not compromise,” especially regarding farm sector interests, after what it describes as five rounds of failed negotiations in which Washington pressed for sweeping access to Indian agricultural markets. The Lowy Institute adds that the White House has ruled out broader trade talks until the tariff dispute is resolved, while pointing to longstanding US demands to lower Indian barriers on items like corn, soybeans, almonds, ethanol, and some GM products—issues that collide with Modi’s commitment to farmers.Hindustan Times live coverage says India’s government has called the tariffs “unfair, unjustified and unreasonable,” and notes the US move targets roughly half of Indian exports to America, with political signaling around Russian oil at its core. It also reports India is weighing countermeasures and that domestic leaders are warning about the competitiveness hit to Indian goods.On the market and finance front, the Economic Times, citing Bloomberg, reports Indian banks are tightening scrutiny on exporters’ loan applications, especially in textiles, gems, and jewelry, as firms assess cash flow risks and consider delaying orders while talks stall. Energetica India outlines the timeline: an initial 25 percent tariff effective August 1, ramping to 50 percent by August 27, compressing the window for de-escalation.Key takeaway for listeners: unless a deal emerges within the next two weeks, most Indian exports to the US could face a 50 percent tariff, a level that would materially reprice supply chains, pressure labor-intensive sectors, and test New Delhi’s balancing act on Russian energy and agricultural protections. We’ll track any movement on exemptions, counters, or a negotiation off-ramp.Thanks for tuning in—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/4iaM94Q
Listeners, today's top story is the dramatic escalation in US-India trade tensions after President Donald Trump’s administration announced new tariffs, with Indian exports now facing the highest US tariff rate in the world at 50 percent. According to Jagran Josh, as of August 7, 2025, US tariffs on India doubled from 25 percent to a whopping 50 percent, targeting key sectors like textiles, footwear, gems, jewellery, pharmaceuticals, and electronics. This is part of Trump's so-called reciprocal tariff strategy, which aims to force trading partners to lower their own tariffs on US products. India is being singled out more harshly than even China, with Trump's rhetoric focused on punishing New Delhi for its continued purchases of discounted Russian oil despite Western sanctions.India Today reports that US manufacturers themselves are alarmed by these tariffs, with former New Hampshire Governor Chris Sununu warning on CNBC that “it’s not India that’s worried, it’s American manufacturers who are panicking,” noting the strategic risk of alienating a vital global ally. India’s Ministry of External Affairs has condemned the move as “unfair, unjustified, and unreasonable,” emphasizing that the tariffs are in direct response to India’s oil trade with Russia, a practice the US itself and other allies continue in various forms.The impact is serious. The Indian Express cites UBS Chief India Economist Tanvee Gupta Jain, who estimates that $30 to $35 billion of India’s merchandise exports to America—out of $87 billion in 2024—are at risk, potentially dragging India’s GDP growth down by almost a full percentage point over the next two years. Some sectors, like pharma and smartphones, are still exempt due to ongoing Section 232 investigations, representing about 30 percent of Indian exports to the US.India isn’t taking the hit quietly. The Hindustan Times and Moneycontrol both report that New Delhi is weighing its first formal tariff retaliation on selected US goods, especially after the parallel dispute over steel and aluminum duties. India’s government has begun preparing legal grounds at the World Trade Organization and is considering proportional tariff measures to respond in kind. The US, meanwhile, has so far signaled no willingness to return to the negotiating table.The diplomatic fallout is already visible. According to Jacobin, India has suspended a planned purchase of US weapons and cancelled its defense minister’s visit to Washington. Instead, Prime Minister Narendra Modi is expected to meet with Chinese President Xi Jinping, marking a potential thaw with Beijing even as US-India relations hit a low point.This is not just a trade dispute—it’s a pivotal moment for India's role in global supply chains and international alliances. As FT notes, Trump's tariffs could reshape sourcing strategies, and India’s growing exports in electronics and smartphones might still find opportunities elsewhere. Indian policymakers are eyeing closer ties with BRICS partners and expanded trade negotiations with the EU, UK, and ASEAN.Thanks for tuning in to India Tariff News and Tracker. Don’t forget to subscribe. 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/4iaM94Q
Listeners, the United States has just imposed some of the most significant tariffs on Indian exports in recent trade history, escalating tensions between the world’s largest democracies and ushering in an uncertain phase for global commerce. As reported by the Economic Times, President Donald Trump’s administration has increased tariffs on certain imports from India to a staggering 50 percent, making it the single highest duty India faces globally, rivaled only by tariffs the US has imposed on Brazil. This move comes in response to New Delhi’s continuing oil trade with Russia and Washington’s longstanding frustration over the rising US trade deficit with India.These measures come into effect on August 27, 2025, and there are some exemptions, but the policy is already being called a “slow-motion catastrophe” by experts quoted by Reuters, with the Carnegie Endowment’s Ashley Tellis warning that the punitive tariffs threaten to unravel a quarter-century of trust and cooperation between the two nations. According to the Office of the US Trade Representative, the US goods trade deficit with India hit $45.8 billion last year, up almost 6 percent from 2023. While US exports to India did grow somewhat, Indian exports to the US grew even faster, contributing to Washington’s escalating concerns.Prime Minister Narendra Modi, for his part, is standing firm. He’s refused to cut tariffs on sensitive agricultural and dairy products, citing the need to protect millions of Indian farmers and to respect cultural and religious traditions. Modi has labeled this his “red line,” stating—directly to his domestic audience—that he’s prepared to pay a personal and political price to defend these sectors.On the US side, President Trump made it clear in statements reported by InsideTrade and the Times of India that he has no current plans to reopen trade talks with India, indicating that negotiations are on pause. Officials in the US State Department, including Principal Deputy Spokesperson Tommy Pigott, have echoed that the relationship remains vital but admit to “serious concerns” about both India’s oil imports from Russia and the ongoing trade imbalance.Former State Department official Evan Feigenbaum has described the situation as one where the bilateral relationship risks being “dismantled by the very forces of domestic politics” that both sides had long worked to keep at bay. Issues around technology transfer, H-1B visas, and defense cooperation are also in sharper contention because of these tariffs.Listeners, these new tariffs not only reshape the pricing of Indian goods in the American marketplace but also inject further uncertainty into already strained US–India ties, affecting supply chains, jobs, and global market confidence.Thank you for tuning in to India Tariff News and Tracker. Be sure to subscribe so you don’t miss our latest updates and analysis on these crucial 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/4iaM94Q
Welcome to India Tariff News and Tracker. Listeners, as of today, August 6th, 2025, the U.S.-India trade relationship is under intense spotlight, with dramatic new tariff actions from the Trump administration and deepening diplomatic tensions.The big headline for the day: the United States has officially set a 25% blanket tariff on all Indian goods entering the country, with the Trump administration openly threatening to raise that rate even higher in the coming days. According to the Times of India, President Trump has stated publicly that India’s continued purchase of Russian crude oil is the main reason for this move. In an interview with CNBC, he dismissed India’s offer of potential “zero tariffs” for U.S. goods, saying that as long as India continues its Russian oil trade, tariffs will not only remain, but could rise “very substantially over the next 24 hours.” The official line from the Trump administration is that these tariffs are part of a broader effort to punish countries believed to be “financing” Russia’s war in Ukraine through energy purchases.For context, the Economic Times highlights just how central U.S. trade is to India’s economy. The United States is India’s largest export destination, with a trade surplus that has nearly doubled in the past decade. India’s exports to the U.S. reached about $81 billion in 2024, including major products like garments, pharmaceuticals, petrochemicals, and jewelry. The new tariffs and threatened penalties could put nearly $64 billion of those exports at serious risk. According to a Reuters report cited in the Hindustan Times, internal Indian government assessments warn that the combined impact of a 25% tariff—plus a possible 10% penalty specifically tied to Russian oil—could erode Indian exporters’ price competitiveness and lead to substantial export losses.Politically, India’s response has been firm. The Ministry of External Affairs has labeled the U.S. tariff moves “unjustified and unreasonable,” pointing out what they argue is a double standard: both the United States and European Union continue to import key resources from Russia, even as they pressure India to halt its own Russian dealings. India maintains that it will take “all necessary measures to safeguard its national interests and economic security.”The Reserve Bank of India, meanwhile, is watching the situation closely. As reported by NDTV, the RBI has held its policy rate steady at 5.5% but admits that it’s too early to estimate the economic fallout from these escalating tariffs. Growth forecasts have been nudged lower, and Indian officials are emphasizing the importance of domestic economic resilience in the face of evolving global trade tensions.In a particularly sharp development, Bloomberg Television notes that Trump is now also threatening much steeper tariffs—potentially up to 250%—on imported pharmaceuticals, a major Indian export sector, as part of a push to onshore drug manufacturing back to the U.S. This uncertainty is leaving Indian exporters, policymakers, and business leaders in a constant state of flux, as they await details on how high tariffs will actually go and whether last-minute diplomacy can avert further escalation.Listeners, that’s the latest as the U.S.-India trade dispute continues to evolve at breakneck pace. We’ll be tracking every tariff headline and trade negotiation. Thank you for tuning in, and don’t forget to subscribe to stay up-to-date with all our India Tariff News and Tracker 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/4iaM94Q
Listeners, today’s top story on India Tariff News and Tracker is the drastic escalation in trade tensions between the United States and India following President Donald Trump’s announcement of a sweeping 25% tariff on all Indian goods entering the US, set to take effect on August 7. According to the Times of India, the US has enacted this uniform tariff alongside an unspecified penalty, with key Indian export sectors such as textiles, marine products, and home textiles already bracing for severe consequences. Notably, the new tariff puts India at a significant competitive disadvantage, with other countries like Vietnam, Bangladesh, and Turkey facing substantially lower US tariffs, typically in the 15 to 20% range.The rationale behind Trump’s move appears to be as much political as economic. SBI Research, cited by the Times of India, points out that US-India trade talks had been progressing until recently, with both sides indicating optimism. That changed abruptly last week when Trump linked the tariffs not only to perennial trade deficit concerns but to India's growing defense and energy ties with Russia, as well as India’s participation in the BRICS coalition, which Trump has labeled as "anti-US." Trump told reporters that targeting BRICS members with higher tariffs is part of an effort to protect the dominance of the US dollar and counter what he sees as threats to America’s global economic standing.This move by the Trump administration reverses years of progress in the US-India economic relationship. NDTV highlights that the US is India’s largest trading partner, with two-way trade now exceeding $200 billion each year. US foreign direct investment in India stands at around $60 billion, and Indian companies have invested more than $40 billion in the US. But according to President Trump, these figures are not sufficient to justify more favorable access for Indian goods, particularly when he claims that India “has done relatively little business with the US.”The Modi government’s immediate response, as reported by the Economic Times, has been to double down on efforts to promote indigenous production and brand building under the "Make in India" initiative. Modi has publicly urged Indian consumers and policymakers to preferentially support homegrown products and has called for new programs to buffer vulnerable export sectors such as marine foods. Indian authorities have also refused to bow to US pressure on agricultural access and dairy imports, emphasizing that these industries are vital for domestic employment and sensitive cultural considerations.MUFG Research warns that the 25% tariffs could trim India’s GDP growth by 0.3 percentage points, impact the rupee, and threaten around half of India’s $85 billion in US exports, although electronics and pharmaceutical exports are temporarily exempt. Talks are set to resume later in August, but, for now, policy uncertainty and a hard stance from both sides cast a shadow over efforts to reach a new trade deal.Listeners, that wraps up your update for today, August 4th, 2025. Thanks for tuning in to India Tariff News and Tracker. Don’t forget to subscribe for the latest headlines and analysis. 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/4iaM94Q
Listeners, welcome to India Tariff News and Tracker, your source for the latest headlines and developments on trade policy impacting India and the United States.This week marks a major turning point in US-India trade. Following President Trump’s announcement, the United States has officially levied a sweeping 25 percent tariff on virtually all Indian imports as of August 1, 2025, shaking both New Delhi and global markets. According to the Economic Times Government, this move is rooted in Trump’s "America First" approach, and justified by the administration as a response to trade imbalances, stalled concessions from India, and continued Indian purchases of Russian energy and defense technology.Indian authorities, including the Ministry of Commerce, have responded with measured concern, stating that India is “closely studying the implications” and remains committed to seeking a fair and mutually beneficial trade accord. The government is evaluating further steps to secure national interests and has highlighted positive progress with other trading partners, such as the Comprehensive Economic and Trade Agreement with the UK, as evidence of its commitment to open markets.The tariff’s effects could be severe for Indian exporters. Modern Diplomacy reports that $87 billion worth of Indian goods—nearly a fifth of all nationwide exports—now face higher costs as they head to the vital US market. Sectors most at risk include pharmaceuticals, textiles, electronics, and machinery. Trade insiders in The Economic Times warn that Indian exporters are already bracing for US order cancellations and tighter margins, with calls for immediate government support such as interest equalization on export credit and enhanced export promotion incentives. The textile industry, in particular, anticipates layoffs and lost business as the US is the largest buyer of Indian textiles.Despite the blanket tariff, there are strategic carveouts. According to a YouTube analysis, smartphones, computers, semiconductors, and services exports remain exempt for now, giving some relief to high-value tech exports—especially as Indian smartphone shipments to the US have surged to record highs in 2025, largely driven by Apple’s expanded manufacturing footprint in India. However, these exemptions are under review and could be revoked as the US Commerce Department examines the national security implications.Diplomatically, this tariff escalation signals a breakdown in fast-progressing trade negotiations and could reshape the US-India partnership. Earlier this year, Prime Minister Modi sought to double trade with the US to $500 billion by 2030, with both leaders announcing ambitious defense and technology cooperation. But tensions over tariffs, digital taxes, and Russia policy have derailed progress.Adding to the complexity, South China Morning Post reports the US has simultaneously unveiled a large oil exploration deal with Pakistan, signaling a shift in regional alliances and putting further pressure on New Delhi at a sensitive moment.Indian ministries are currently reviewing possible tariff concessions for coming negotiations. Analysts caution that while selective concessions may offer hope, exporters and policymakers alike face an uncertain road ahead.Thank you for tuning in to India Tariff News and Tracker. Don’t forget to subscribe for the latest headlines and insights. 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/4iaM94Q
Listeners, welcome back to India Tariff News and Tracker, where we keep you updated on the latest US-India trade developments and tariffs. Major changes have just come from Washington. President Donald Trump has announced a sweeping 25% tariff on all goods imported from India, effective August 7, following months of negotiations between the two countries. According to The Economic Times, the White House unveiled an extensive list of new tariffs on nearly 70 countries, but India faces one of the toughest crackdowns, as it’s been denied all product-level exemptions—even in sectors like pharmaceuticals and electronics that previously enjoyed relief.This 25% “Reciprocal Tariff, Adjusted” on Indian goods comes as part of Trump’s new executive order titled “Further Modifying The Reciprocal Tariff Rates,” released just yesterday. The President justified these actions by pointing to what he called persistent trade imbalances as well as India’s continued purchase of Russian military equipment and crude oil, despite ongoing US pressure over the Russia-Ukraine war. Trump stated that some countries have shown willingness to correct trade barriers, but India has not offered terms he believes are sufficient to address what he called unfair trade practices.ABC News reports that the U.S. sees India’s existing tariffs as “far too high, among the highest in the World,” with certain categories exceeding 100%. The U.S ran a $45 billion trade deficit with India last year, and officials argue that steep Indian tariffs have consistently blocked American producers from gaining fair access to the Indian market. The current escalation is also intended to press India to align with U.S. economic and national security interests, signaling a new phase of trade confrontation.For listeners interested in specifics, this blanket 25% tariff covers nearly all sectors, including key exports like petroleum products, smartphones, pharmaceuticals, engineering goods, electronics, and textiles. According to an analysis by the Global Trade Research Initiative, this move could reduce India’s exports to the U.S. by up to 30% in the coming fiscal year, bringing them down from $86.5 billion to about $60.6 billion.By contrast, some of India’s export competitors—such as Bangladesh, Sri Lanka, and Vietnam—are facing a lower 20% duty, as reported by The Times of India. The lack of exemptions for India is expected to hit its most valuable export categories, particularly those with high import content and limited domestic value addition, like pharmaceuticals and electronics.The Indian government has responded that it’s taken note of Trump’s comments and is closely studying the implications of these new tariffs as trade negotiations continue. These measures are some of the biggest headlines in US-India trade news this week, and the impact is likely to reverberate throughout both economies.Thanks for tuning in to India Tariff News and Tracker. Don’t forget to subscribe to stay up to date on these fast-moving 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/4iaM94Q
Listeners, today's top story is the escalation of tariff tensions between the United States and India. US President Donald Trump has just announced that, effective August 1, 2025, India will face a 25 percent tariff on goods entering the US, alongside an additional penalty for India's continued energy and arms purchases from Russia. Trump made this announcement on Truth Social, emphasizing that while India is considered a friend, years of limited trade are due to what he calls “the most strenuous and obnoxious non-monetary trade barriers of any country.” According to the Times of India, this tariff is part of Trump’s reciprocal trade agenda, which aims to address what he views as persistent unfairness in India’s high tariffs and restrictive regulations against American goods.Commerce Secretary Howard Lutnick confirmed that these tariffs will not be delayed, stating, “No extensions, no more grace periods. August 1, the tariffs are set. They’ll go into place. Customs will start collecting the money, and off we go.” The backdrop to all this is a deadlocked trade negotiation, with sources like Axios reporting that a final trade deal between India and the US remains elusive, despite many months of talks and public signals that an agreement was near.India’s government, as reported by Reuters via the Times of India, is preparing for tariffs between 20 and 25 percent on specific exports, in line with Trump’s public comments. One Indian official noted that these higher tariffs are expected as a temporary measure, and that a trade delegation is scheduled to visit Washington in mid-August to continue negotiations. US Trade Representative Jamieson Greer echoed this sentiment, telling Bloomberg, “We continue to speak with our Indian counterparts, we’ve always had very constructive discussions with them...but I think we need some more negotiations on that with our Indian friends to see how ambitious they want to be.”Industries across India are bracing for higher costs and the threat of disrupted supply chains, especially in sectors like electronics, seafood, and apparel. At the same time, experts note that India’s relatively low dependence on US exports—at just 2.2% of its GDP according to Bloomberg—may soften the blow, but the immediate outlook remains uncertain. With Trump’s aggressive “reciprocal tariffs” policy already in effect for countries like Indonesia and the Philippines, India is now facing intense pressure to make concessions.Listeners, the stakes are high, and we’ll keep tracking every development as India and the US race to resolve their differences. Thanks 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 quietplease dot ai.For more check out https://www.quietperiodplease.com/Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94Q
loading
Comments