Trump’s 25% Tariff Hike on Indian Goods May Dent India’s FY26 GDP Growth by Up to 0.4%, Say Economists
Additional 25% Tariff on Indian Imports Announced In a controversial and economically consequential move, U.S. President Donald Trump has announced an additional 25% tariff on imports from India. The new levy comes as a retaliatory response to India’s continued import of oil from Russia, and it is poised to take the total U.S. import duty on Indian goods to 50% . The additional tariffs will come into effect after a 21-day notice period, according to the executive order issued by the White House on Wednesday.