New Delhi, Aug. 19 -- The Centre on Tuesday said almost $50 billion worth of Indian goods will be affected once the 50 per cent US tariff comes into effect on August 27.

In a written reply to the Lok Sabha regarding a question on the effect of the Donald Trump tariffs, Minister of State of Commerce and Industry Jitin Prasada said that around $48.2 billion of merchandise exports of India will be subject to the additional tariffs.

"It is estimated that around $48.2 billion of India's merchandise export (based on 2024 trade value) to the US will be subject to the above additional tariffs," he said in the reply.

Trump has imposed 25 per cent reciprocal tariffs on India, along with an additional 25 per cent levy on its purchases of Russian ...