Brief by Shorts91 Newsdesk / 08:58pm on 07 Aug 2025,Thursday India Global
India faces a 50% tariff hike on its exports to the US, with Donald Trump targeting Delhi for purchasing Russian oil. The new rate takes effect on August 27, making India the most heavily taxed US trading partner in Asia. Delhi called the move "unfair," warning of a trade embargo–like impact on key sectors like textiles and gems. While pharma and electronics are exempt, India's $86.5B exports to the US hang in balance. As trade talks resume, experts say top-level diplomacy is crucial. Opposition leader Rahul Gandhi called the move “economic blackmail” while India vows to defend national interests. (PC: BBC)
