India-US Tariff War / Trump imposed tariffs on which Asian countries compared to India, see the full list

India-US Tariff War: In his second term, U.S. President Donald Trump has adopted policies that have shaken global trade. Under his “America First” and “Make in America” agendas, Trump has imposed heavy import tariffs on several countries—especially in Asia—with the aim of strengthening the U.S. economy and boosting domestic manufacturing. However, these policies could deeply impact global trade and U.S. relations with countries like India.

Trump’s Argument: Protecting American Companies and Jobs
Trump argues that cheap imports are hurting American businesses and reducing job opportunities in the U.S. His policy focuses on imposing high tariffs on foreign goods to support local production and empower domestic companies. Trump claims that the revenue generated—amounting to billions of dollars—will be used to further strengthen the U.S. economy.

Tariffs Imposed on Asian Countries
The Trump administration has levied varying levels of import duties on Asian nations. The table below lists the tariff percentages:

India Targeted: 50% Tariff Burden
Among all, India has been hit the hardest, facing a total of 50% import duties. Of this, an additional 25% tariff was implemented on Wednesday in response to India’s continued oil trade with Russia. The new tariff became effective on Thursday. This move is expected to severely impact sectors such as textiles, marine products, leather, gems and jewelry, animal products, chemicals, and mechanical machinery. However, products like pharmaceuticals, energy resources (crude oil, natural gas, coal), critical minerals, and a wide range of electronics remain exempt from these tariffs.

Impact on India–U.S. Trade
These tariffs could significantly affect India’s $86 billion worth of exports to the U.S. Experts warn that small and medium Indian exporters may suffer the most. This development comes at a crucial time, as a U.S. delegation is set to visit India on August 25 to discuss a proposed bilateral trade agreement. The newly imposed tariffs may influence both the tone and direction of the upcoming negotiations.

Potential Global Trade Consequences
Trump’s trade war policy could strain U.S. relations not just with India, but also with China, Vietnam, and other Asian nations. Disruptions in the global supply chain, rising prices, and increased trade tensions are likely. In retaliation, affected countries may impose counter-tariffs or restrictions, escalating instability in global commerce