New Delhi, Aug. 27 -- From today onwards, India will now face 50 per cent tariff on Indian goods exported to the US. With trade negotiations between the Donald Trump administration and India remaining at an impasse, the government is exploring various measures to mitigate the impact of these punitive tariffs.

The levy will affect $48.2 billion worth of exports to the US and came into force at 9:30 AM on Wednesday.

"The duties.are effective with respect to products of India that are entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 am Eastern Daylight Time on August 27," the US Department of Homeland Security said in a draft order.

India and the US are in ongoing talks over a bilateral trade agreeme...