New Delhi, Aug. 1 -- The United States has announced a blanket 25 percent tariff on all Indian-origin goods, effective August 7, in a move that could significantly disrupt India's exports to its largest trading partner, according to a new analysis by the Global Trade Research Initiative (GTRI).
The decision, issued through an executive order by President Donald Trump titled 'Further Modifying the Reciprocal Tariff Rates', eliminates all product-level exemptions previously extended to India.
The order lists new tariff rates for nearly 70 countries, but India is among the few singled out for across-the-board duties, covering sectors that were earlier excluded from similar trade actions.
These include pharmaceuticals, electronics, energy ...
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