New Delhi, Aug. 27 -- The Unites States' decision to impose 50 per cent tariffs on India is going to have an effect on America as well, State Bank of India said in a report on Wednesday.

The SBI research report comes on the day when 50 per cent US tariffs kicked off for Indian exports, which is expected to affect billions of dollars in trade for exporters in the country.

The US has imposed Trump tariffs on about $45 billion worth of Indian exports. Labour-intensive sectors including textiles and gems, and jewellery are expected to face moderate pressures due to the US tariffs.

Here are 5 things the SBI Research report says about 50 per cent Trump tariffs on India.

While Donald Trump meant the 50% duties on Indian exports as a punishme...