India's MSME Exports In Textiles, Chemicals To Be Hit Most By US Tariffs As They Form Major Part Of Shipments To US: Crisil
Wednesday, 20 August 2025 () The US currently levies an ad valorem duty of 25 per cent on Indian goods, but has announced an additional 25 per cent tariff that will take effect from August 27, raising the total duty to 50 per cent. The report noted that this increase will significantly affect Indian exporters, especially MSMEs, which dominate key export sectors.
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