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Trump's 25% Tariff to Hit All Indian Exports: GTRI
The Business Guardian
|August 02, 2025
The executive order signed by President Donald Trump on Thursday has imposed a flat 25 percent tariff on all goods from India, with no product-level exemptions, according to a report by the Global Trade Research Initiative (GTRI).
This will apply until a bilateral agreement is reached between the two nations and another executive order is issued by the President of the United States.
Trump's executive order dated July 31 reads, "Certain foreign trading partners identified in Annex I to this order have agreed to, or are on the verge of concluding, meaningful trade and security agreements with the United States. Goods of those trading partners will remain subject to the additional ad valorem duties provided in Annex I to this order until such time as those agreements are concluded, and I issue subsequent orders memorializing the terms of those agreements."
This story is from the August 02, 2025 edition of The Business Guardian.
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