Trump tarifs impact on india: US President Donald Trump announced 25 percent tariff on India on Wednesday, 30 July 2025 amidst the ongoing conversation about the trade deal. These new rates will be applicable to the goods to be exported from India to America from August 1 on Friday, 1 August.

In such a situation, the way Trump is imposing tariffs one after the other on different countries, it is being considered a major setback for businessmen and investors around the world. After Trump’s move, the commercial sourness between the two countries has increased further.

What will be the effect on India?

Now the question is arising that what will be the impact of this huge tariff imposed by Trump on the increasing GDP of India and the business of exporters here. Brokerage firms Nomura, Barclays and Goldman Sachs have released their reports about the possible effects.

Nomura says that the speed of the economy growing at the high speed of India may decrease by 0.2 percent. Goldman Sachs has estimated a decline of 0.3 percent. Barclays has also agreed with the forecast of Goldman Sachs.

Impact on Indo-US relations

According to Goldman Sachs, India’s defense and energy agreement with Russia is being considered as the main reason behind this 25 percent tariff imposed by Trump.
At the same time, Nomura says that there are two major reasons behind this decision: America’s growing trade deficit with India and the growing inclination towards Moscow for India’s energy and defense needs.

Competitive loss fears

Significantly, even before this, America has put heavy tariffs on many goods imported from India. After this new tariff, India will be in loss compared to its competitive countries, such as Vietnam,. This will directly affect Indian businessmen, who will now become less competitive in the US market and may have to suffer more.

Also read: RBI’s apprehension increased due to RBI’s interference between Trump’s tariff, now the rupee raised from a five -month low