The U.S. has imposed a 50% tariff on India, effective from today.
27-Aug-2025 08:45 AM
The U.S. has imposed a 50% tariff on India, effective from today.
★ With the import duty in place, the export and import costs of several agricultural products such as rice, cotton, textiles, spices & dry fruits, peas, lentils, chickpeas, and soybean oil will increase.
★ To offset the impact on exports to the U.S., the government may announce relief measures such as an Export Promotion Mission package.
★ India has identified around 50 countries, including China, Latin America, and West Asia, where export opportunities can be expanded.