25% Tariff on India and how does it affect on Indian Stock Market?

25% Tariff on India and how does it affect on Indian Stock Market?

Trump's 25% tariffs: Which sectors are at most risk?
US President Donald Trump announced a 25% tariff on Indian exports starting August 1. An additional penalty was also announced for India's continued oil purchases from Russia, which has added more uncertainty for businesses.

Despite multiple rounds of talks, and Trump calling India a ‘friend’, the label of ‘tariff king’ seems to have stuck harder and several Indian industries could be left footing the cost.

India seems to be preparing for a tough few weeks after US President Donald Trump announced a 25% tariff on Indian exports starting August 1.

An additional penalty was also announced for India's continued oil purchases from Russia, which has added more uncertainty for businesses.

The US has been calling for a fairer deal, often criticising India for high tariffs and trade restrictions. In a post on the Truth Social platform, Trump said India has “the most strenuous and obnoxious non-monetary Trade Barriers of any Country.” The tariff rate, he said, is also among the highest in the world.

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