Trump's 50% tariffs to affect Indian exports worth $ 48 billion, says Center

The center said on Tuesday that nearly $ 50 billion Indian goods will be affected as soon as the US tariff of 50 percent comes into effect on August 27. In a written response to the Lok Sabha about a question about the effect of the Donald Trump tariffs, State Minister Jitin Prasada said that about $ 48.2 billion from the execution of India would be subject to the additional rates. “It is estimated that about $ 48.2 billion of India’s export of merchandise (based on 2024 trade value) to the US will be subject to the above additional rates,” he said in the answer. Trump has imposed 25 percent of reciprocal rates on India, along with an additional 25 percent levy on the purchases of Russian oil, resulting in up to a total of 50 percent duties. “The reciprocal tariff at 25% is focused on certain goods exported from India to the US from 07 August 2025. Furthermore, the additional ad valorem tariff of 25% from 27 August 2025 was carried out on certain goods exported from India,” Prasada explained in his reply. The minister said in his reply that the center is “committed to securing the national interest of India and protecting its farmers, workers and more in the light of the recent US rates. “The government is committed to securing and promoting the national interest of the country and protecting the well-being of our farmers, workers, entrepreneurs, exporters, MSMEs and all parts of the industries and taking all necessary steps to reduce the impact on trade, including by appropriate export promotion and trade diversification measures,” he said in the answer. “The government has noted the US tariff,” he added. India-American bilateral trading transaction India and the US negotiate a multi-sector bilateral trade agreement (BTA), with five rounds of conversations already completed. The US team recently postponed their visit for the sixth round of US tariff negotiations, which were scheduled from August 25. In a separate answer regarding the matter, Jitin Prasada said: “As part of negotiations, among other things, both sides are discussing liberalization of the trade in the Indian working relationship.”