trumph tariffs on india

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Here’s what's going on with the "Trump tariffs" on India—breaking it down with key dates, policy details, and consequences:

Timeline & Policy
July 30, 2025: President Trump announced a 25% “reciprocal tariff” on Indian goods, citing India's high tariffs on U.S. imports plus its ongoing trade with Russia
The Guardian
Wikipedia
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August 1, 2025: The 25% tariff officially took effect
The Economic Times
MoneyWeek
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August 6, 2025: Trump extended the tariffs with an additional 25%, bringing total duties on many Indian goods up to 50%, framed as punishment for continued purchases of Russian oil
Indiatimes
The Washington Post
Reuters
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Wikipedia
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Effective August 27, 2025: The higher 50% tariffs formally kick in, with some exemptions for goods already in transit by certain cutoff dates
Indiatimes
Trade Compliance Resource Hub
Reuters
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The Wall Street Journal
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Affected Sectors & Exemptions
Heavily impacted: textiles, gems & jewelry, auto components (especially for commercial vehicles)
Reuters
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The Economic Times
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Exemptions extend to: smartphones, pharmaceuticals, energy and renewables—shielding sectors backed by significant U.S. investments
Reuters
The Washington Post
Wikipedia
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India’s Response & Economic Fallout
India's government slammed the move as "unfair, unjustified, and unreasonable," accusing the U.S. of double standards
The Wall Street Journal
The Guardian
The Economic Times
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PM Modi declared he's willing to “pay a heavy price” to protect farmers, fisherfolk, and dairy producers, framing these sectors as non-negotiable
The Guardian
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Reports surfaced that India paused discussions on procuring U.S. arms (like Javelin missiles) pending clarity on tariffs—though New Delhi later called those reports "false and fabricated"
Al Jazeera
Reuters
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Economic ripple effects include:

India’s rupee dropped to near-record lows.

Gold and silver surged, while energy commodities and base metals tumbled.

Exporters warned of severe disruptions and cancellations
The Economic Times
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The Economic Times
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Reuters
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Geopolitical & Strategic Implications
These tariffs mark one of the most dramatic downturns in U.S.–India relations since Trump returned to office in January 2025
Politico
Wikipedia
The Washington Post
Financial Times
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Critics argue the aggressive use of tariffs for geopolitical coercion undermines trust and global trade norms
Financial Times
CSIS
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