New Delhi, Aug. 12 -- The imposition of a 25 per cent tariff on the import of goods from India into the United States (US) will have a significant impact on the earnings of companies in sectors such as diamond polishing, shrimp, home textiles and carpets, said Crisil Ratings in a report.

The move of the US President Donald Trump to impose an additional 25 per cent tariff with effect from August 27, 2025 as a penalty for importing crude oil from Russia will make Indian exports to the US unviable for the aforesaid as well as other sectors including ready-made garments (RMG), chemicals, agrochemicals, capital goods and solar panel manufacturing, which have sizable trade exposure to the US.

The rating agency added that the extent of impact ...