The Trump administration has announced a drastic 50% tariff on Indian goods, citing India’s continued oil trade with Russia. This tariff, effective August 6, 2025, is a major blow to India’s key export sectors, including textiles, gems, seafood, and engineering goods. The move is expected to increase the price of Indian products by 30-35%, potentially reducing exports to the U.S. by up to 50%. Thi
