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Markets crack 1% as India braces for 50% tariff on exports to US
The New Indian Express Vellore
|August 27, 2025
DOMESTIC equity market plunged sharply on Tuesday following a move by the Trump administration to impose new tariffs of up to 50% on Indian imports, effective Wednesday, (August 27).
DOMESTIC equity market plunged sharply on Tuesday following a move by the Trump administration to impose new tariffs of up to 50% on Indian imports, effective Wednesday, (August 27). The draft notice, which targets various Indian goods, sparked fears of a renewed trade war and triggered a broad-based market decline.
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