Effective Wednesday, August 27, US President Donald Trump's 25% tariff increase on Indian goods raises total duties to 50%.
Donald Trump's additional 25 per cent tariff on India have officially taken force, doubling duties on Indian imports to 50 per cent from Wednesday, August 27, after weeks of negotiations that have failed yield favourable results for New Delhi, which has hit out at the US administration for the "unjustified" levies.
The additional 25 per cent tariffs, imposed by US President Donald Trump citing Russian oil purchase, make India levies among the highest in the world, on par with Brazil and China.