America will impose 25% tariffs and fine on imports from India from 1 August 2025
US President Donald Trump has taken a big decision on India. Now from 1 August 2025, the goods sent from India to America will be charged 25% tax. Along with this, a fine will also be imposed. Trump took this decision because India is buying weapons and oil from Russia. Now there is a question in everyone’s mind that how will it affect us? Will petrol and diesel be expensive? Will the prices of medicines increase? Let’s understand in detail.
What can be expensive?
Right now this tariff will be imposed only on goods coming from India in America. That is, in the beginning, nothing will be directly expensive in India. But if India also increases tax on goods coming from America, then some things can affect your budget:
- Petrol, diesel and gas cylinders India asks for a lot of crude oil and LPG from America. If India increases tax on this, then the prices of petrol-diesel and gas cylinders can increase by Rs 5-7.
- Machine and electronic things Many big machines and electronic goods come to India from America. If they are also taxed, then many household products like washing machines, refrigerators, or mobiles can be expensive.
- Pesticides and Chemical Products Chemical and pesticides used in farming also come from America. Increasing their prices can affect farming and its effect can also be seen on the prices of vegetables and food and drink.
Can there be something cheap?
There will be no cheap something directly, but some things can be found at a low price.
- A lot of household items If companies used to sell goods to America, if they are not able to sell there now, then the same things will be sold in India. With this, medicines, clothes or engineering items will come here and be a little cheap.
- Shopping from other countries If India reduces taking goods from America and ordered from Russia or other countries, then the prices can remain stable in a long time.
Exporting companies concerned increased
India sells goods worth about $ 83 billion to America every year. This includes medicines, clothes and machines. Now due to 25% tariffs, these items will become expensive in America. Companies will either have to reduce prices or orders should be less. This will also affect the country’s earnings and the price of the rupee may fall further against the dollar.
What is the government doing?
At present, no response has come from the Government of India. But in the end of August, there is going to be a conversation between India and America. Then this issue will be raised. Experts say that India will have to take careful steps so that the burden on the public does not increase and the relationship with America does not deteriorate.
This decision of Trump makes two ways for India, either he should bear everything and take harm, or retaliate and make things expensive. In both circumstances, common people and investors will have to be a little cautious. Everything from petrol to medicines can be affected. Now it has to be seen how the government deal with this shock