50% Tariffs on India Take Effect – August 27, 2025
President Trump’s promised 50% tariffs on India went into effect today, August 27, 2025. The tariffs, which took effect just after midnight on Wednesday, were imposed to punish one of the world’s largest economies for its purchases of Russian oil. The White House argues that New Delhi’s purchases of Russian oil are indirectly funding Russia’s war against Ukraine.
India, one of the world’s fastest-growing economies and a key partner for the West in the Indo-Pacific region, is heavily reliant on trade with the U.S., its largest export market. Most Indian goods exports to the US (worth $87.3 billion to the US last year) now face steep duties, although some key products, including smartphones, are exempt for now.
Read more:
NBC News: https://www.nbcnews.com/world/india/trumps-tariffs-india-rise-50-punishment-buying-russian-oil-rcna227426
Reuters: https://www.reuters.com/world/india/india-hit-by-us-doubling-tariffs-plans-cushion-blow-2025-08-27/
