Trump's 50% tariffs in effect on India, set to impact labour-intensive sectors

Trump's 50% tariffs in effect on India, set to impact labour-intensive sectors

US President Donald Trump’s fresh 25 tariffs on Indian goods took effect Wednesday, doubling the total duties to 50 after New Delhi stood firm on Russian oil imports. The hike, effective from 9:30 a.m., threatens $60.2B worth of Indian exports, with labour-heavy sectors like textiles, gems, jewellery, shrimp, carpets, and furniture facing shipment drops of up to 70, putting millions of jobs at risk and clouding growth prospects.


User: India Today

Views: 34

Uploaded: 2025-08-27

Duration: 09:27

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