From The Hindu: Analysing impact of U.S. tariff on Indian industries

In August this year, the 25% tariff on Indian exports, imposed by U.S. President Donald Trump, came into effect. Prior to this, Mr. Trump had signed an executive order — Addressing Threats to the U.S. by the Government of the Russian Federation — imposing the additional tariff over an above the 25% levy. Mr. Trump had cited India’s tariff and non-tariff measures on trade, and its dealing with Russia on energy and military equipment, as the main reasons behind imposing the 25% tariffs and the penalty. After this order, the total tariff on Indian goods, barring a small exemption list, surged to 50%.

Meanwhile, the Indian government is pushing a ‘Swadeshi’ mantra to reduce the economy’s reliance on exports, with Prime Minister Narendra Modi calling on Indians to be “vocal for local” and buy Indian goods.

In FY25, India’s exports to the U.S. was worth over $86,000 million. India’s imports from the U.S. was worth $45,000 million. In percentage terms, the U.S. formed around 20% of India’s exports and 6.3% of India’s imports.

Here’s a collection of ground reports and analyses, uncovering the impact of these tariffs on different facets of the Indian economy.