Explained: How will Trump’s tariffs impact India’s exports to US? These sectors hardest hit

US President Donald Trump has announced a 25% additional tariff on Indian exports, effective August 27, raising total tariffs to 50%, significantly affecting sectors like gems and jewellery, textiles, and seafood, which constitute around 25% of India’s US exports. The new tariffs are projected to challenge micro, small, and medium enterprises, particularly in the automotive and chemical sectors, while some industries like pharmaceuticals remain unaffected.

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