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.

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