This Diwali season is different. The 50% tariffs on India are pounding the hundreds of South Asian-themed stores here in New Jersey's “Little India."
Trump hikes tariffs on India to 50%, scrambling the country’s plans to be an alternative to China
BY JOSH BOAK, RAJESH ROY AND OTHERS
August 7, 2025
Former Indian trade official sees 50% Trump tariff as ‘strategic shock that threatens to wipe out India’s long-established presence in the U.S.’
BY RAJESH ROY AND ASSOCIATED PRESS
The Indian government estimates the tariffs will impact $48.2 billion worth of exports.
Despite friendly relations between the two countries, the US has done "relatively little business" with India "because their…
Likened to a ‘trade embargo’ and an ‘earthquake’, it could cut exports from affected sectors by as much as 70%
A 50% tariff rate will be the highest levy among any U.S. trading partner, with some sectors of Indian economy more exposed than…
A 50 percent tariff on India will impact trade worth billions of dollars and risk Washington-New Delhi ties.
President Donald Trump announced Wednesday he will not only levy a 25% tariff on India but will add an additional financial…
