News Update : ‘Strategic shock’: Trump’s tariffs to hit 66% of India’s exports to US; China, Vietnam set to gain - TOI BUSINESS DESK

Starting August 27, 2025, the US will impose 50% tariffs on $60.2 billion worth of Indian exports, impacting textiles, gems, and furniture. This move is projected to significantly reduce India's exports to the US, potentially benefiting countries like China and Vietnam. Starting August 27, 2025, the US will impose 50% tariffs on $60.2 billion worth of Indian exports, impacting textiles, gems, and furniture. This move is projected to significantly reduce India's exports to the US, potentially benefiting countries like China and Vietnam. Source: https://timesofindia.indiatimes.com/business/india-business/severe-trade-shock-donald-trumps-tariffs-to-hit-66-of-indias-exports-to-us-china-vietnam-set-to-gain/articleshow/123515790.cms Date: 2025-08-26T04:13:10.000Z