Full list: Donald Trump announces US tariffs on India, other trading partners

US Imposes Reciprocal Tariffs on India and Other Trading Partners (August 2025)

Executive Order: US President Donald Trump signed an executive order introducing reciprocal tariffs ranging from 10% to 41% on imports from 68 countries and the 27-member European Union (EU), effective August 7, 2025.
India: Targeted with a 25% tariff on its exports to the US.
Purpose: Part of Trump’s broader trade strategy, aimed at addressing trade imbalances and protecting domestic industries.
Scope: Countries not explicitly mentioned in the order face a default 10% tariff.

Affected regions: Asia, Africa, Latin America, EU, Middle East.
High tariff examples:
- Syria – 41%
- Myanmar – 40%
- Switzerland – 39%
- Laos – 40%
- Iraq – 35%
- Serbia – 35%
Lower tariff examples:
- Brazil – 10%
- United Kingdom – 10%
- Many countries – 15–25%

Economic:
- Increased costs for exporters and manufacturers in affected countries.
- Potential for global supply chain disruptions and price inflation.
- Uncertainty for multinational companies regarding operational planning.
Geopolitical & Trade Relations:
- Could strain US-India trade relations, though India remains a major trade partner.
- Encourages renegotiation of trade agreements and bilateral talks (e.g., Mexico extension of 90 days).
- May lead to retaliatory tariffs or trade negotiations from affected nations.
Legal & Policy Concerns:
- Appeals courts have raised questions on the legality of the executive order.
- Represents the most extensive wave of US tariffs in recent decades.

Highlights the vulnerability of global trade networks to unilateral policy changes.
Emphasizes the need for diversification of export markets and strengthened bilateral trade negotiations by India and other affected nations.
Reinforces the importance of strategic economic diplomacy and contingency planning in international trade policy.

Updated : Aug 01, 2025 09:11 am | HT