this post was submitted on 26 Aug 2025
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Indian exporters are bracing for a sharp decline in U.S. orders after trade talks collapsed and Washington confirmed steep new tariffs on the South Asian nation's goods take effect from Wednesday, escalating tension between the strategic partners. An additional 25% duty announced by President Donald Trump, confirmed in a notice by the Homeland Security Department, takes total tariffs to as much as 50%, among Washington's highest, in retaliation for New Delhi's increased buying of Russian oil. "The government has no hope for any immediate relief or delay in U.S. tariffs," said a commerce ministry official, who sought anonymity for lack of authorisation to speak to media. Exporters hit by tariffs would receive financial assistance and be encouraged to diversify to alternative markets such as China, Latin America and the Middle East, the official added.

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[–] Balldowern@lemmy.zip 3 points 3 weeks ago (2 children)

What do we import from India exactly ?

[–] RememberTheApollo_@lemmy.world 3 points 3 weeks ago

Seems like that might have been quickly answered with a search of your own, but seeing as you asked:

Top 5: Electrical, electronic equipment $14.40B Pharmaceutical products $12.73B Pearls, precious stones, metals, coins $11.88B Machinery, nuclear reactors, boilers $7.10B Organic chemicals $3.63B

[–] Bakkoda@sh.itjust.works 2 points 3 weeks ago

A lot of dental silicas.