August 11, 2025

us india trade

Finance

Finance ministry says more than half of Indian exports subject to US tariffs

The Ministry of Finance has said that approximately 55% of the total value of India’s merchandise exports will be subject to US reciprocal tariffs. India now faces the highest US tariff of all Asian countries. Trump on July 31 announced a 25% reciprocal tariff on India, followed by an additional 25% tariff this week, accusing

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