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US Tariffs to Impact Indian Exports in Short Term: Commerce Ministry
The Business Guardian
|August 29, 2025
The Commerce Ministry on Thursday said the recent imposition of 50 per cent tariffs by the United States will have a short-term impact on India's exports, particularly in sectors such as textiles, chemicals, and machinery.
However, it asserted that the long-term effect on overall trade and GDP will remain limited.
"It is understood that 50 per cent tariffs are going to impact trade, especially the sectors on which tariffs are there. They will suffer some trade loss in the US. There will be an impact on textiles, chemicals, machinery, etc. for the short run, but it will not be a very long-term loss," a senior Commerce Ministry official told ANI.
The official acknowledged that industry bodies have expressed concern over liquidity constraints due to slowing orders and delayed payment cycles. "In the short run, their orders will slow down.
This story is from the August 29, 2025 edition of The Business Guardian.
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