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India Tariff News and Tracker

India Tariff News and Tracker

著者： Quiet. Please
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 This is your India Tariff Tracker podcast.

India Tariff Tracker is your go-to daily podcast for the latest news and updates on tariffs affecting India, particularly those imposed by the United States. Dive deep into insightful analyses, expert opinions, and comprehensive reports that unravel the complexities of international trade and its impact on India. Stay informed with real-time information and understand how tariff changes shape India's economy and global relations. Perfect for business leaders, policymakers, and anyone keen to understand the dynamic trade landscape, India Tariff Tracker is your essential guide to navigating tariff developments.

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  • US-India Trade Tensions Escalate: Trump Imposes 25% Tariffs on Indian Goods, Seeks Diplomatic Resolution with Modi

    US-India Trade Tensions Escalate: Trump Imposes 25% Tariffs on Indian Goods, Seeks Diplomatic Resolution with Modi
    2025/09/10
    Welcome to India Tariff News and Tracker. Here’s the latest on tariff moves, negotiations, and US-India headlines you need to know today.

    Tensions have flared yet again between Washington and New Delhi after the US administration imposed a 25 percent tariff on Indian goods, in addition to a specific 25 percent tariff on India’s purchases of Russian oil. As reported by the Times of India, this brings the total tariff burden on select Indian exports to the US up to 50 percent. The tariffs are part of President Trump’s ongoing campaign to wield trade barriers for both economic leverage and to push India to scale back energy agreements with Russia.

    These recent tariffs come on top of existing disputes around US demands for broader market access in India—especially for American dairy and farm goods. India has resisted these demands, citing the importance of safeguarding its millions of small farmers. In the tech sector, US companies want fewer data localization requirements and stronger intellectual property protections, while India stands firm on national security and supporting its homegrown digital economy. According to Fox Business, negotiations remain stuck on these fundamental differences across agriculture, energy, and tech, which are seen as the largest hurdles to a comprehensive trade deal.

    Yet, despite the escalation, both President Trump and Prime Minister Modi have struck a noticeably optimistic tone in their recent public messages. Prime Minister Modi described the US and India as “close friends and natural partners,” voicing his confidence that trade negotiations could unlock “limitless potential” for both countries. He emphasized on social media that the teams are working “to conclude these discussions at the earliest” and looked forward to direct talks with President Trump soon.

    President Trump, sharing Modi’s remarks on Truth Social, called the Indian Prime Minister a “great Prime Minister” and his “very good friend,” stressing that he sees no difficulty in reaching a successful conclusion for both great countries. Trump, however, continues to urge India to reduce dependence on Russian energy and import more US liquefied natural gas and crude.

    For listeners tracking tariff policy minutiae, there has been no additional change to the overall tariff baseline with India beyond the announced 25 percent rates on Indian goods and Russian oil-linked imports. According to Trade Compliance Resource Hub, President Trump’s broader reciprocal tariff rate moves currently target other nations at rates of 15 to 35 percent, but for India, the 25 percent rate—plus the additional Russian oil-linked duty—remains the headline figure.

    The leaders’ warm public overtures indicate that, despite high tariffs and unresolved trade disputes, Washington and New Delhi are signaling a determination to move forward. As always, we’ll be watching closely for any developments in tariff rates, exemptions, or a landmark deal.

    Thank you for tuning in to India Tariff News and Tracker. Don’t forget to subscribe so you never miss an update.

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  • US Slaps 50 Percent Tariffs on Indian Exports Amid Trade Tensions Threatening Bilateral Relations and Economic Stability

    US Slaps 50 Percent Tariffs on Indian Exports Amid Trade Tensions Threatening Bilateral Relations and Economic Stability
    2025/09/08
    Listeners, welcome to India Tariff News and Tracker, your trusted source for the latest updates on tariffs and US-India trade relations. Today’s headlines are dominated by the escalation of US tariffs on Indian exports under President Donald Trump’s administration, a move that’s reshaping the trade landscape and sparking heated debate on both sides of the globe.

    As of August 27, 2025, Indian goods entering the United States now face a baseline tariff of 50 percent, after President Trump ordered an additional 25 percent “secondary tariff” as a penalty for India’s continued purchase of Russian oil. This sharp hike follows earlier reciprocal trade measures and places India among the countries with the highest US tariff rates in the world, drawing India’s total above that of many so-called adversaries. The US is India’s largest export market, so these tariffs have wide-reaching implications for major sectors like textiles, jewelry, pharmaceuticals, and IT services.

    According to India’s Chief Economic Adviser V. Anantha Nageswaran, these punitive tariffs could trim India’s GDP by about 0.5 to 0.6 percent this year. Labor-intensive exporters face the steepest challenges, especially as the tariff hikes threaten to make Indian products uncompetitive compared to rivals from Vietnam and Bangladesh. However, India’s finance leaders remain cautiously optimistic, banking on recent GST and tax cuts, still-low inflation, and strong central bank payouts to help counterbalance the negative trade shock.

    In response to the US moves, India rolled out a sweeping reduction in GST rates on hundreds of goods in early September, aimed at supporting domestic consumption and insulating the economy from the tariffs’ worst effects. The economic standoff is fueling diplomatic tensions as well. Indian officials have so far resisted retaliatory tariffs, with Prime Minister Modi’s team emphasizing the need to protect domestic farmers and energy security, even as US officials demand that India scale back trade with Russia and open its markets further to American products.

    The dispute has also prompted sharper language from political leaders and experts. Journalist Fareed Zakaria and former US Ambassador to India Kenneth Juster have called the tariffs a historic setback in US-India relations, warning they will raise costs for US consumers and complicate efforts to counter China’s influence. On Capitol Hill, Democrats on the House Foreign Affairs Committee labeled Trump’s tariffs as “harmful to Americans” and questioned why India, rather than China, was being targeted.

    Meanwhile, all eyes are on the US Supreme Court, which is currently considering a landmark case that could sharply limit the president’s authority to impose tariffs under the International Emergency Economic Powers Act. If the court rules against Trump’s approach, some tariffs could be rescinded, providing potential relief for Indian exporters.

    Listeners, these developments show just how pivotal—and unpredictable—the US-India tariff story has become. We’ll keep you updated as the global trade drama unfolds.

    Thank you for tuning in to India Tariff News and Tracker. Be sure to subscribe for future episodes. This has been a quiet please production, for more check out quiet please dot ai.

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  • US Imposes 50% Tariffs on Indian Goods Amid Diplomatic Tensions Over Russian Oil Purchases

    US Imposes 50% Tariffs on Indian Goods Amid Diplomatic Tensions Over Russian Oil Purchases
    2025/09/07
    Listeners, welcome to India Tariff News and Tracker. It’s Sunday, September 7, 2025. Let’s get straight to the headlines on tariffs and the evolving relationship between the United States, President Trump, and India.

    Big news this week: the United States has imposed an additional 25% tariff on imports from India, specifically in response to India’s continued purchases of Russian oil. This brings the **total US tariff on many Indian goods to a staggering 50%**, taking effect for goods entering the US from August 27th. However, there’s a limited exemption for shipments already in transit before that deadline and declared with special customs codes. This move by the Trump administration is being framed as a reciprocal trade action, and it’s generating significant diplomatic pushback and concern about major disruptions to bilateral trade and global supply chains. Industry leaders and Indian officials warn of negative consequences for both economies, especially as these tariffs land during a period of uncertainty in broader US-India relations, according to taxtmi.com and The Hindustan Times.

    Listeners should note that President Trump, after initially ramping up the rhetoric, has recently softened his tone in public about India. Despite earlier calling the relationship “one-sided” and expressing disappointment over India’s Russian energy dealings, Trump this week described US-India ties as “special” and praised Prime Minister Modi as a “great Prime Minister.” According to the Hindustan Times, in a direct response, Modi signaled openness to reset the dialogue. But behind diplomatic statements, the latest tariffs have put bilateral negotiations on ice, with Indian sources telling Indian Express that both countries are wary of escalating into a full-blown trade showdown that could threaten decades of strategic partnership.

    While the 50% tariff is biting for Indian exporters, there are some new exemptions. Effective September 8, President Trump has signed an order granting tariff relief on more than 45 categories of Indian goods—mainly specialized pharmaceutical compounds, nickel waste, lidocaine, gold, and certain electronics materials. According to The Economic Times, this raises the value of India’s tariff-exempt exports to the US to approximately 28.4 billion dollars, or about 31% of last year’s total Indian exports to the US.

    On the political front, opposition voices in India are demanding a tougher response, with Arvind Kejriwal urging Prime Minister Modi to slap a 75% tariff on all US imports as retaliation, while also criticizing exemptions on US cotton as harmful to Indian farmers, reports India Today.

    Economists, like Neelkanth Mishra of Axis Bank, caution that the 50% tariff isn’t likely to last long. He predicts the burden will fall harder on small US businesses and that the overall economic impact on India will be buffered by currency fluctuations and India’s diversified global trade.

    To sum up for our listeners: US tariffs on Indian goods currently stand at 50% for many categories due to diplomatic tensions over Russian oil purchases. Select goods are now exempted under new orders, but the situation remains highly fluid. Both governments appear to be posturing publicly while trying to keep the door open for negotiations, as industry and political leaders push for solutions that avoid deeper economic damage.

    Thanks for tuning in to India Tariff News and Tracker. Don’t forget to subscribe for the latest updates. This has been a Quiet Please production, for more check out quiet please dot ai.

    For more check out https://www.quietperiodplease.com/

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