Trade war: Donald Trump's 'reciprocal' tariffs go into effect on dozens of countries today - check full list
Thursday, 7 August 2025 () US President Trump's new tariffs, effective Thursday, impose higher duties on exports from over 60 countries, including India. A 25% tariff on Indian goods, totaling 50%, is a consequence of India's Russian oil purchases, deemed a national security threat. Brazil also faces a 50% tariff, while others like Canada and the UK have varying rates.
US President Donald Trump's sweeping global tariffs go into effect
The move comes after Washington paused its "reciprocal tariffs" for almost four months to allow countries to negotiate trade deals with the US.
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Indian garment exporters are facing a major tariff shock as the Trump administration imposes a steep 50 percent duty on Indian exports. The move directly impacts garment exporters, shoe manufacturers,..
Thursday, 7 August 2025 ()
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