12-August-2025
Economy News
 
US tariffs to cover 55% of India’s exports: Finance Minister
12-Aug-2025

The US levy of a 25% reciprocal tariff on goods with effect from August 7 may cover about 55% India’s total merchandise exports to the US, minister of state for finance Pankaj Chaudhary, said on Monday. The department of commerce is engaged with all stakeholders including exporters and industry for taking feedback of their assessment of the situation, Chaudhary said in a written reply to a question in the Lok Sabha.

News Source:- https://www.financialexpress.com/policy/economy-us-tariffs-to-cover-55-of-indias-exports-finance-minister-3943549/
 
 
 

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