2025-08-28 21:08
IndustryThe Hardest-hit Sectors with 50% Tariff on India
The deadline for the 50% tariff on most Indian products by the US came on August 27, 2025. Although the negotiations are on between India and the US to reduce the tariff rate, the 50% tariff will continue to apply until an agreement is reached between the two nations. The 50% tariff rate will be imposed on textiles, jewellery, leather and seafood shipped from India to the US. Exports from these sectors are estimated to decline by a significant 70%. The value of exports is expected to fall to $18.6 billion from $60.2 billion.
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The Hardest-hit Sectors with 50% Tariff on India
India | 2025-08-28 21:08The deadline for the 50% tariff on most Indian products by the US came on August 27, 2025. Although the negotiations are on between India and the US to reduce the tariff rate, the 50% tariff will continue to apply until an agreement is reached between the two nations. The 50% tariff rate will be imposed on textiles, jewellery, leather and seafood shipped from India to the US. Exports from these sectors are estimated to decline by a significant 70%. The value of exports is expected to fall to $18.6 billion from $60.2 billion.
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