π¨ US Doubles Tariffs on Indian Exports β Markets Bleed! π¨
Earlier, the US had imposed a 25% tariff on several Indian products. Now, with effect from 27th Aug 2025, an additional 25% tariff has been notified, taking the total duty to 50%.
The biggest hit is expected in Textiles, Gems & Jewellery, and Shrimp, with estimates suggesting Indiaβs exports to the US could fall by nearly 70% (~$55 bn).
π Govt. sources acknowledge short-term pressure on exporters but highlight that new strategies and policies are being worked out. Over the long run, India aims to strengthen its export infrastructure and diversify trade partners to reduce dependency on the US.
π Market Reaction (28th Aug 2025, 9:46 AM):
β’ Nifty50 down 135 pts (

















