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U.S. tariffs take effect on India, threatening $48.2B in exports

todayAugust 27, 2025 4

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Workers at a manufacturing unit make leather footwear in Agra, India, on Monday.

Earlier this month President Trump signed an executive order imposing an additional 25% tariff on India due its purchases of Russian oil, bringing the combined tariffs to 50%.

(Image credit: Manish Swarup)

Written by: Prometheus

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