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Trump Tariffs News: How Indian Goods Can Escape 50% US Tariffs; 3 Conditions Explained I World News

Автор: DNAIndiaNews

Загружено: 2025-08-26

Просмотров: 14978

Описание: Trump Tariffs News: How Indian Goods Can Escape 50% US Tariffs; 3 Conditions Explained I World News

Indian goods can avoid 50% US Tariffs if 3 key conditions are fulfilled. The United States has notified additional 25% tariff on Indian products, a day before they actually come into effect

Indian products will not be subject to 50% US tariffs if:

1. They were loaded onto a vessel at the port of loading and in transit on the final mode of transit prior to entering into the US before 12:01 am EST on 27 August 2025.
2. They are entered for consumption, or withdrawn from a warehouse for consumption before 12:01 am EST on 17 September 2025.
3. The importer certifies that the products qualify for this in-transit exception by declaring a new harmonised tariff schedule.

US Department Of Homeland Security stated “To effectuate the President’s Executive Order 14329 of 6 August 2025, which imposed a specified rate of duty on imports of articles that are products of India, Secretary of Homeland Security has determined that appropriate action is needed to modify the Harmonised Tariff Schedule of the United States (HTSUS) as set out in the Annex to this notice."

The products from India that are exempt from 50% US tariff include goods made of iron and steel, aluminium and copper. It also includes passenger vehicles, light trucks, auto components, India’s pharma sector as well as electronics. India is likely to be among the countries worst hit by Trump’s trade offensive. The US president has cited India’s Russian crude oil trade as the rationale

#trumptariffs #worldnews #indiausrelations #news #latestnews


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