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Trump's New Tariffs Hit 60 Countries โ€” Here's What It Means for Indian Exports

NPRยทFriday, 24 July 2026
Trump's New Tariffs Hit 60 Countries โ€” Here's What It Means for Indian Exports

The US is set to impose tariffs of 10% to 12.5% on imports from 60 countries, covering 99% of all US imports. The stated reason is that these countries have not done enough to stop goods made with forced labour from entering supply chains. The move affects a massive share of global trade.

Why It Matters

India is one of the US's largest trading partners, and Indian exporters in textiles, pharma, and manufacturing could face these new taxes on their goods entering the American market.

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