President Trump doubles tariffs on Indian imports, impacting businesses and consumers
The U.S. has increased tariffs on Indian imports to 50%, affecting various sectors while exempting electronics and pharmaceuticals.
Well, this could really hit businesses and consumers nationwide. Basic things we all buy like clothing, auto parts, and jewelry could see steep tax hikes. The Global Trade Research Initiative, *** New Delhi-based think tank, estimates textiles, gems, leather goods, food, automobile parts sectors will be hit the hardest. What's exempt from the tariffs? Well, electronic goods like iPhones and Pharmaceuticals. So your medication and technology you purchase and import are not affected. The Indian government estimates that tariffs will impact $48 billion worth of exports. President Trump said the reason for this tax hike is because India continues to purchase oil from Russia. Keep in mind that Russia uses the money from oil to fund the war in Ukraine. At the White House, I'm Rachel Herzheimer.
Well, this could really hit businesses and consumers nationwide. Basic things we all buy like clothing, auto parts, and jewelry could see steep tax hikes. The Global Trade Research Initiative, *** New Delhi-based think tank, estimates textiles, gems, leather goods, food, automobile parts sectors will be hit the hardest. What's exempt from the tariffs? Well, electronic goods like iPhones and Pharmaceuticals. So your medication and technology you purchase and import are not affected. The Indian government estimates that tariffs will impact $48 billion worth of exports. President Trump said the reason for this tax hike is because India continues to purchase oil from Russia. Keep in mind that Russia uses the money from oil to fund the war in Ukraine. At the White House, I'm Rachel Herzheimer.
President Trump doubles tariffs on Indian imports, impacting businesses and consumers
The U.S. has increased tariffs on Indian imports to 50%, affecting various sectors while exempting electronics and pharmaceuticals.
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Updated: 6:31 AM CDT Aug 27, 2025
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President Donald Trump's 50% tariffs on imports from India take effect today, impacting a range of products including clothing, auto parts, and jewelry, while electronic goods and pharmaceuticals remain exempt. The Global Trade Research Initiative, a New Delhi-based think tank, estimates that textiles, gems, leather goods, food, and automobile parts sectors will be hit the hardest. Electronic goods like iPhones and pharmaceuticals are not affected by the tariffs, so medications and technology purchases will not be impacted.The Indian government estimates the tariffs will affect $48 billion worth of exports.Trump said the reason for this tax hike is that India was purchasing oil from Russia. Russia uses the money from its oil sales to finance the war in Ukraine.Keep watching for the latest from the Washington News Bureau:
WASHINGTON — on imports from India take effect today, impacting a range of products including clothing, auto parts, and jewelry, while electronic goods and pharmaceuticals remain exempt.
The , a New Delhi-based think tank, that textiles, gems, leather goods, food, and automobile parts sectors will be hit the hardest.
Electronic goods like iPhones and pharmaceuticals are not affected by the tariffs, so medications and technology purchases will not be impacted.
The Indian government estimates the tariffs will affect $48 billion worth of exports.
Trump said the reason for this tax hike is that India was purchasing oil from Russia.
Russia uses the money from its oil sales to finance the war in Ukraine.
Keep watching for the latest from the Washington News Bureau:
