By GPSE-OJAS | aUGUST 12, 2025
iIt's business
Image via unsplash
In August 2025, President Trump imposed a 50% tariff on Indian imports, escalating tensions between the two nations. We are here with the updates>
Once seen as close allies, the US and India are now at odds, thanks to new tariffs. The tariff decision marks a significant shift in their bilateral relationship.
Image via unsplash
India's exports to the US, valued at $66 billion, are now heavily taxed. And the Sectors like textiles, machinery, and pharma are facing its impacts.
Image via unsplash
According to Oxford, a tariff is a tax imposed by a government on imported goods. It makes foreign products more expensive, aiming to protect domestic industries.
Image via unsplash
With Tariff's definition, we pretty much know that it's for improving local businesses. High taxes on foreign goods equals low purchase.
Image via unsplash
India has expressed its displeasure, with Prime Minister Modi stating the country is "ready to pay a heavy price" to resist the tariffs.
Image via unsplash
Reports suggest India may pause plans to purchase US arms in response to the tariffs. But apart from that its going to affect the overall trade.
Image via unsplash
While the tariffs pose immediate economic challenges, they may encourage India to strengthen domestic industries. Let the time decide.
Image via unsplash
Swipe up to know more and other such articles on Trade and International business on our website >>