{"id":2723,"date":"2025-08-06T16:22:06","date_gmt":"2025-08-06T16:22:06","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2025\/08\/06\/is-india-facing-trumps-harshest-tariff-yet-a-look-at-levies-on-other-countries-business-news\/"},"modified":"2025-08-06T16:22:06","modified_gmt":"2025-08-06T16:22:06","slug":"is-india-facing-trumps-harshest-tariff-yet-a-look-at-levies-on-other-countries-business-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/08\/06\/is-india-facing-trumps-harshest-tariff-yet-a-look-at-levies-on-other-countries-business-news\/","title":{"rendered":"Is India Facing Trump\u2019s Harshest Tariff Yet? A Look At Levies On Other Countries | Business News"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div id=\"story-9489345\">\n<p><span class=\"jsx-730caffcddfd709\">Last Updated:<\/span><time class=\"jsx-730caffcddfd709\">August 06, 2025, 20:53 IST<\/time><\/p>\n<h2 id=\"asubttl-9489345\" class=\"jsx-1cb0ad73008388e4 jsx-593908032 asubttl-schema\">Trump announced a fresh 25% tariff on Indian goods, citing New Delhi\u2019s ongoing purchase of Russian oil, taking the total amount of tariffs on Indian imports to 50%.<\/h2>\n<div class=\"jsx-45a692afa6f47900 artsharwrp\">\n<div id=\"artshare\" class=\"jsx-45a692afa6f47900 artshare\">\n<div class=\"jsx-45a692afa6f47900 stickdiv\">\n<div class=\"jsx-45a692afa6f47900 deskwrapstkdiv\">\n<div class=\"jsx-45a692afa6f47900 fontchange\"><img decoding=\"async\" src=\"https:\/\/images.news18.com\/dlxczavtqcctuei\/news18\/static\/images\/english\/font.svg\" height=\"30px\" width=\"30px\" alt=\"font\" class=\"jsx-45a692afa6f47900 lazyload\"\/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<figure class=\"jsx-1cb0ad73008388e4 jsx-593908032 amimg\"><img decoding=\"async\" alt=\"Prime Minister Narendra Modi with US President Donald Trump. (Image: PTI\/File)\" title=\"Prime Minister Narendra Modi with US President Donald Trump. (Image: PTI\/File)\" src=\"https:\/\/images.news18.com\/ibnlive\/uploads\/2021\/07\/1627283897_news18_logo-1200x800.jpg?impolicy=website&amp;width=400&amp;height=225\" loading=\"eager\" fetchpriority=\"high\" class=\"jsx-1cb0ad73008388e4 jsx-593908032\"\/><\/p>\n<p>Prime Minister Narendra Modi with US President Donald Trump. (Image: PTI\/File)<\/p>\n<\/figure>\n<p id=\"0\" class=\"story_para_0\">US President Donald Trump announced a fresh 25% tariff on Indian goods, citing New Delhi\u2019s ongoing purchase of Russian oil, taking the total amount of tariffs on Indian imports to 50%, among the highest tariff imposed among dozens of economies by his administration.<\/p>\n<p id=\"1\" class=\"story_para_1\">The newly imposed tariff, directly tied to India\u2019s energy relationship with Russia, will take effect 21 days from the date of the order. Meanwhile, a previously declared 25% tariff, aimed at narrowing the US trade deficit with India, is scheduled to come into force on August 7.<\/p>\n<p id=\"2\" class=\"story_para_2\">India now has the highest amount of tariffs, matching Brazil, at 50%, followed by Syria (41%), Myanmar (40%), Laos (40%) and Switzerland (39%). India\u2019s neighbour China currently faces 30% US tariffs, and Canada and Iraq are facing 35% tariffs each.<\/p>\n<p id=\"3\" class=\"story_para_3\">The new tariffs will come into effect on August 7, except Canada\u2019s, which already started on August 1. Trump slapped a 50% on Brazil, with many exemptions, in what he called a \u201cwitch hunt&#8221; against former President Jair Bolsonaro, who is on trial on charges of plotting a coup following his election loss in 2022.<\/p>\n<p id=\"4\" class=\"story_para_4\">Negotiations are still under way with China as Beijing and Washington have agreed to hold off until August 12. Mexico received a 90-day reprieve from 35% tariffs imposed by Trump.<\/p>\n<h2><strong>Here\u2019s A List Of Tariffs In Other Countries:<\/strong><\/h2>\n<ul class=\"listOncontentArticleUL\">\n<li><strong>Brazil<\/strong> \u2013 50%<\/li>\n<li><strong>India<\/strong> \u2013 50%<\/li>\n<li><strong>Syria<\/strong> \u2013 41%<\/li>\n<li><strong>Switzerland<\/strong> \u2013 39%<\/li>\n<li><strong>Canada<\/strong> \u2013 35%<\/li>\n<li><strong>South<\/strong> <strong>Africa<\/strong> \u2013 35%<\/li>\n<li><strong>China<\/strong> \u2013 30%<\/li>\n<li><strong>Vietnam<\/strong> \u2013 20%<\/li>\n<li><strong>Bangladesh<\/strong> \u2013 20%<\/li>\n<li><strong>Pakistan<\/strong> \u2013 19%<\/li>\n<li><strong>Israel<\/strong> \u2013 15%<\/li>\n<li><strong>United Kingdom<\/strong> \u2013 10%<\/li>\n<\/ul>\n<p id=\"7\" class=\"story_para_7\">Since returning to office in January, Trump has introduced a series of these import taxes, arguing that they will boost American manufacturing and protect jobs. However, his aggressive trade policy has thrown the world economy into chaos and also contributed in soaring domestic prices.<\/p>\n<p id=\"8\" class=\"story_para_8\">Trump has been attacking India over the sale and purchase of oil from Russia, which has been at war with Ukraine since 2022. The US President has repeatedly alleged that it was very difficult to do business in India due to its high tariff rates and that New Delhi was fueling Russia\u2019s war machine against Ukraine by purchasing Russian oil.<\/p>\n<p id=\"9\" class=\"story_para_9\">In response, the Ministry of External Affairs said targeting of New Delhi is \u201cunjustified&#8221; and \u201cunreasonable&#8221;, emphasising that India will take all necessary measures to safeguard its national interests and economic security.<\/p>\n<p id=\"10\" class=\"story_para_10\">\u201cWe have already made clear our position on these issues, including the fact that our imports are based on market factors and done with the overall objective of ensuring the energy security of 1.4 billion people of India,&#8221; it said on Wednesday.<\/p>\n<p id=\"11\" class=\"story_para_11\">\u201cIt is therefore extremely unfortunate that the US should choose to impose additional tariffs on India for actions that several other countries are also taking in their own national interest,&#8221; it added.\u00a0The MEA said India began importing from Russia because traditional supplies were diverted to Europe after the outbreak of the Ukraine conflict, a move that was encouraged by the US to strengthen global energy market stability.<\/p>\n<div class=\"jsx-95088aad1b3c53cd atawrap\">\n<div class=\"jsx-95088aad1b3c53cd atadetailwrp\">\n<div class=\"jsx-95088aad1b3c53cd ataname\"><span class=\"jsx-95088aad1b3c53cd atthumb\"><\/p>\n<figure class=\"jsx-95088aad1b3c53cd\"><img decoding=\"async\" alt=\"authorimg\" src=\"https:\/\/images.news18.com\/ibnlive\/uploads\/2024\/11\/aveek-banerjee-2024-11-940460633d45861efbabed5737a433a0.jpeg?impolicy=website&amp;width=60&amp;height=60\" class=\"jsx-95088aad1b3c53cd\"\/><\/figure>\n<p><\/span><\/p>\n<div class=\"jsx-95088aad1b3c53cd attitle\"><a href=\"https:\/\/www.news18.com\/byline\/aveek-banerjee-28106.html\" class=\"jsx-95088aad1b3c53cd atamail\">Aveek Banerjee<\/a><\/p>\n<p>Aveek Banerjee is a Senior Sub Editor at News18. Based in Noida with a Master&#8217;s in Global Studies, Aveek has more than three years of experience in digital media and news curation, specialising in international&#8230;<span class=\"jsx-95088aad1b3c53cd aurpdebtn\">Read More<\/span><\/p>\n<\/div>\n<\/div>\n<p>Aveek Banerjee is a Senior Sub Editor at News18. Based in Noida with a Master&#8217;s in Global Studies, Aveek has more than three years of experience in digital media and news curation, specialising in international&#8230;<!-- --> <span class=\"jsx-95088aad1b3c53cd aurpdebtn\">Read More<\/span><\/p>\n<\/div>\n<\/div>\n<div class=\"jsx-1cb0ad73008388e4 jsx-593908032 artcta\">Stay updated with all the latest business news, including <a href=\"https:\/\/www.news18.com\/business\/markets\/\">market trends<\/a>,\u00a0<a href=\"https:\/\/www.news18.com\/topics\/stocks-to-watch\/\">stock updates<\/a>,\u00a0<a href=\"https:\/\/www.news18.com\/business\/tax\/\">tax<\/a>, IPO,\u00a0<a href=\"https:\/\/www.news18.com\/business\/banking-finance\/\">banking finance<\/a>, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates\u2014only on News18. Also\u00a0<span data-olk-copy-source=\"MessageBody\">Download the\u00a0<a href=\"https:\/\/onelink.to\/eng-article-eop\">News18 App<\/a>\u00a0to stay updated!<\/span><\/div>\n<p><span class=\"jsx-1cb0ad73008388e4 jsx-593908032 coral-count-custom\">view comments<\/span><\/p>\n<div class=\"jsx-1cb0ad73008388e4 jsx-593908032 brdcrmb\"><a href=\"https:\/\/www.news18.com\/\">News<\/a>  <a href=\"https:\/\/www.news18.com\/business\/\">business<\/a>  <span class=\"brdout\"> Is India Facing Trump\u2019s Harshest Tariff Yet? A Look At Levies On Other Countries<\/span><\/div>\n<div id=\"coral-wrap\" class=\"jsx-9278cad478d6a6dc \">\n<div class=\"jsx-9278cad478d6a6dc coral-cont\">\n<div class=\"jsx-9278cad478d6a6dc coltoptxt\">Disclaimer: Comments reflect users\u2019 views, not News18\u2019s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our <a href=\"https:\/\/www.news18.com\/disclaimer\/\" class=\"jsx-9278cad478d6a6dc\">Terms of Use<\/a> and <a href=\"https:\/\/www.news18.com\/privacy_policy\/\" class=\"jsx-9278cad478d6a6dc\">Privacy Policy<\/a>.<\/div>\n<\/div>\n<\/div>\n<p><span class=\"jsx-1cb0ad73008388e4 jsx-593908032 rmbtn news18_read_more\">Read More<\/span><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.news18.com\/business\/donald-trump-india-harsh-tariff-rates-russian-oil-purchases-taxes-list-china-switzerland-canada-trade-ws-kl-9489345.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last Updated:August 06, 2025, 20:53 IST Trump announced a fresh 25% tariff on Indian goods, citing New Delhi\u2019s ongoing purchase of Russian oil, taking the total amount of tariffs on Indian imports to 50%. Prime Minister Narendra Modi with US President Donald Trump. (Image: PTI\/File) US President Donald Trump announced a fresh 25% tariff on&#8230;<\/p>\n","protected":false},"author":1,"featured_media":2724,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-2723","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/2723","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=2723"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/2723\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/2724"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=2723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=2723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=2723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}