Trump’s 50% Tariffs on Indian Imports to Slash GDP Growth by 2025
Monday, 11 August 2025 () Trump's administration is imposing 50% tariffs on Indian imports like textiles and electronics starting August 2025, citing unfair practices, potentially cutting India's GDP growth by 0.2-0.4% and causing job losses. Sectors face export declines and market volatility. India is urged to reform and diversify trade to mitigate impacts.
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Experts caution that the recent 50% U.S. tariffs on Indian imports pose a significant threat to India's economic growth, particularly impacting labor-intensive... IndiaTimes
Despite increased tariffs on Indian imports, the US has temporarily exempted the pharmaceutical sector, recognizing India's critical role in supplying affordable... IndiaTimes
S&P Global Ratings Director YeeFarn Phua has said that Trump's tariffs are unlikely to significantly impact India's economic growth due to its non-trade-oriented... IndiaTimes