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US tariffs to hit Indian textiles, gems, jewellery hard; pharmaceuticals, electronics spared due to...

DNA Wednesday, 27 August 2025 ()
US President Donald Trump is imposing 50% tariffs on India and sectors such as textiles and gems and jewellery, are going to face pressures. What will be the impact on Pharmaceuticals and electroics?
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Video Credit: Oneindia - Published
News video: EXPLAINED: India Ready To Fight Trump’s 50% Punitive Tariffs | PM Modi Vows To Defy U.S. Pressure

EXPLAINED: India Ready To Fight Trump’s 50% Punitive Tariffs | PM Modi Vows To Defy U.S. Pressure 04:31

 President Trump has imposed 50% punitive tariffs on India, accusing New Delhi of “funding Russia’s war machine” through increased oil imports from Moscow. The move threatens $48.2 billion worth of Indian exports, with SBI warning of a 0.3–0.6% GDP hit. Prime Minister Narendra Modi has refused...

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