US doubles tariffs on imports from India

07/08/2025

The Reserve Bank of India has played down the likely effect on the country’s economy of US tariff policy.

Exports from India to the US will be subject to tariffs of 50%, following an announcement by US president, Donald Trump, on August 6. He said the US would impose additional tariffs of 25% on imports from India, on top of already announced tariffs of 25%.