Bhubaneswar, Aug. 6 -- https://images.odishatv.in/uploadimage/library/16_9/16_9_0/recent_photo_1737392838.jpg
In a significant escalation of trade pressure, US President Donald Trump has announced an additional 25% tariff on Indian imports, effectively doubling the total tariff to 50%.
This move intensifies the already strained trade relations between India and the U.S., particularly targeting key sectors such as textiles, pharmaceuticals, and auto parts. With the total tariff burden now at 50%, industry bodies in both countries fear long-term impacts on competitiveness, bilateral trade ties, and global supply chains.
While full details of the affected product list are awaited, Indian trade experts warn that this could disrupt export vol...