USA & indian economy @Tarrrif
No, US tariffs on Indian goods do affect the Indian economy, though the overall impact is moderate and contained rather than catastrophic, due to the structure of India's trade and ongoing resilience in exports. In 2025, the US under President Trump imposed high tariffs on most Indian goods: starting with a 25% reciprocal tariff, followed by an additional 25% penalty linked to India's Russian oil imports, resulting in up to 50% total duties on affected products effective from August 2025. These remain in place as of December 2025, with negotiations ongoing for a potential interim deal. Key Impacts Affected Exports — The US is India's largest goods export market (about 18-20% of India's merchandise exports, worth ~$86-87 billion annually pre-tariffs). Tariffs hit labor-intensive sectors hard, including textiles, apparel, gems and jewelry, leather, marine products (e.g., shrimp), and some chemicals/auto parts. Estimates suggest $48-50 billion in exports are directly threa...