August 26, 2025 12:57 PM
U.S. issues draft notice to implement 50% tariffs on Indian products effective August 27
The U.S. Customs and Border Protection (CBP) has issued a draft notice on the implementation of additional duties on products imported from India, following the announcement by U.S. President Donald Trump to increase tariffs on Indian goods to 50 per cent. According to the notice, the additional tariffs are being imposed to give effect to the President's Executive Order 14329 of August 6, 2025, titled "Addressing Threats to the United States by the Government of the Russian Federation." The or...