Saralnama
On 27 Aug 2025, the US raised tariffs on Indian imports to 50%. This move by President Donald Trump targets India's purchase of discounted Russian oil. India faces higher costs exporting goods like textiles, gems, and seafood to the US. Prime Minister Modi urged Indians to buy 'Made in India' products to support the economy. Indian officials called the tariffs unfair and said India will continue its trade with Russia. Economists warn these tariffs may slow India's economic growth. Despite tensions, India and the US continue trade talks. The tariffs affect many Indian exporters and could shift India's global trade relations. (Updated 27 Aug 2025, 10:26 IST; source: link)