Archive · 2 Aug 2025
US Imposes Tariffs on India Amidst Trade Disagreements
The US and India are in trade talks but disagree on some products.
The US has added extra taxes on goods from India.
India wants to protect its farmers and isn't lowering taxes on farm products, milk, and GM foods.
Both countries want more trade, aiming for $500 billion by 2030.
India is worried about its small farmers, while the US wants access to Indian markets for its agricultural goods.
The US imposed a 25% import duty on Indian goods.
India is resisting duty concessions on agri-products, dairy, and GM foods.
The US seeks duty concessions on industrial goods, autos, and agricultural products.
The India-US trade agreement aims to reach $500 billion by 2030.
India wants to protect its farmers and ensure food security.
- Who
- The US government imposed the tariffs.
- What
- The US imposed a 25% import duty on Indian goods.
- When
- The duty comes into effect from August 7.
- Where
- The tariffs affect trade between the US and India.
- Why
- The tariffs were imposed due to disagreement on the trade agreement, especially over concessions on agriculture, dairy, and GM foods.
India's Perspective
US Perspective
Market Access
India's Perspective
India aims to protect its farmers.
US Perspective
US wants access to Indian markets for its agricultural products.
Agricultural Trade
India's Perspective
India is concerned about protecting its small farmers, ensuring food security, and preventing market instability.
US Perspective
The US wants tariff concessions on agricultural products, dairy, and GM foods.
- US Tariff Rate on Indian Goods
- 25%
- Bilateral Trade Agreement Goal
- Increase trade to $500 billion by 2030
- Date of Next Trade Talks
- August 25, 2024
Sources
Lower farm tariffs for US feasible with quota curbs: Experts
India at 25% amongst the worst hit in Trump’s new reciprocal tariff list
Look beyond US market
No duty concessions to US on agri, dairy, GM foods: An explainer