Trump Raising Tariffs on Indian Imports to 50% on Aug. 27

By Rob Bates | August 06, 2025

In an executive order released today, President Trump said that the United States will impose an additional 25% tariff on imports from India, beginning Aug. 27.

The U.S. tariff on Indian goods was already set to increase tomorrow to 25%, from the current level of 10%. This additional levy means that U.S. importers will have to pay a 50% duty on Indian goods—one of the highest rates in the world.

UBS economist Tanvee Gupta Jain said in a note to clients that gems and jewelry will be among the industries most affected by the tariffs, according to CNBC.

In his order, Trump said he was imposing the extra 25% because of Indian imports of oil from the Russian Federation.

India is “buying Russian oil, they’re fueling the war machine,” Trump said Tuesday on CNBC. “If they’re going to do that, then I’m not going to be happy.”

India’s Ministry of External Affairs responded in a statement that its “imports are based on market factors and done with the overall objective of ensuring the energy security of 1.4 billion people of India.

“It is therefore extremely unfortunate that the U.S. should choose to impose additional tariffs on India for actions that several other countries are also taking in their own national interest. We reiterate that these actions are unfair, unjustified and unreasonable. India will take all actions necessary to protect its national interests.”

In related news, Swiss president Karin Keller-Sutter flew to Washington this week, to head off a planned 39% tariff on Swiss imports to the United States, which are due to go into effect tomorrow. Keller-Sutter told reporters that she’d had a “very good meeting” with U.S. secretary of state Mario Rubio.

(Photo: Getty Images)