India -Rrus: 25 percent US rates will apply to India from today, Trump's decision will affect this sectors - 25 percent US tarif will apply to India from today
US President Donald Trump has announced that the United States will impose 25 % rates on all goods imported from India, which will be in effect from 1 August 2025. This sudden step will affect almost all Indian exports to the US. According to the New York Times, this announcement can compromise the pressure on India. Digital Desk, New -Delhi. America will collect rates from India from today. US President Donald Trump has announced that the United States will impose 25 % rates on all goods imported from India, which will be in effect from 1 August 2025. This sudden step will affect almost all Indian exports to the US. The pressure on India to compromise can increase. US President Donald Trump has announced a tariff on India, saying that, despite being a friend, India and the US has done relatively low trade. According to the New York Times, this announcement can increase the pressure on India on compromise, otherwise it may face heavy rates, which can cause the economic and diplomatic relations between the two countries. Trump’s tariff will affect these sectors, and the market expert Ambaardesh Baliga believes that all the goods and sectors that India export will have a strong impact on the businesses. For example, the impact of Trump’s rates on auto components, textile industry, metal and pharmaceutical businesses can be seen. Goods imported from India will be available at expensive rates in the US. This will reduce their sales and incur losses to companies. India’s new tariff will affect $ 87 billion exports, and India is expected to affect India’s execution of goods. In 2024 it was about $ 87 billion. The items and services that can affect it include labor-dominated products such as textiles, pharmaceuticals, jewelery and jewelry and petrochemicals. The US currently has a $ 45.7 billion trade deficit with India. The White House warned India earlier about its high average appropriate rates. About 39% on agricultural products rose rates on vegetable oils to 45% and apple and maize to about 50%. India can also retaliate in 2024, in 2024, India can retaliate in response to export of $ 42 billion export and energy exports (such as liquid natural gas, crude oil and coal). Indian officials said they considered the US an important strategic partner as China, but to maintain their policy on agriculture, data management and government subsidies. Trump is disappointed with the trade talks with India: US Minister of Finance Scot Besant, said Thursday that President Donald Trump and his trading team are disappointed with India’s trade. His remarks come a day after Trump’s 25 percent announcement of imports from India from 1 August. In an interview, CNBC said, “I don’t know what’s going to happen.” It will depend on India. India came early after the conversation table. He moves slowly forward. So I think the president and the whole business team are disappointed with him. According to Ani, a large buyer of forbidden Russian oil, it also spoke about India’s energy relations with Russia. According to him, India was a large buyer of banned Russian oil, which he sells as sophisticated products. He was not a big global player.