The U.S. imposed a 50% tariff on Indian imports, effective September 17, 2025, due to India’s Russian oil purchases, citing national security concerns. India rejected the tariffs, impacting $64 billion in exports and causing trade disruptions.
View More U.S. Signs Order Imposing Extra 25% Tariff on Indian Imports
This decision, part of the proposed amendments to the Finance Bill 2025, is expected to take effect from April 1, pending parliamentary approval.Â
View More India to Scrap 6% ‘Google Tax,’ Benefiting Google, Meta, and Amazon
NEW DELHI: Trump has announced that reciprocal tariffs will take effect from April 2 in many countries. This has raised several questions, such as how…
View More Reciprocal tariffs: Immediate concerns, but long-term economic & strategic benefits – Nomura
The report states: “Even if the U.S. imposes tariffs of 15-20%, the impact on Indian exports will be limited to 3-3.5%.
View More Reciprocal tariffs from April 2; SBI sees limited 3-3.5% impact on exports
