Overview

• President Donald Trump said he is not considering reducing the levies and repeated that New Delhi offered a "no tariff" deal.
• The 50% rate applies to goods entered for consumption on or after August 27 under US Customs guidance and was presented as a penalty tied to India’s Russian oil purchases.
• Export hubs report halted shipments and layoffs, with Bhadohi’s carpet makers cutting staff by up to 70% and apparel and leather orders in Noida and Kanpur stalling.
• State governments and industry bodies are seeking immediate relief, with Tamil Nadu warning of large job losses and Andhra Pradesh outlining severe risks to its shrimp supply chain.
• India has sought WTO consultations on the copper duties as a US appeals court ruling that many tariffs are unlawful complicates already deferred trade talks.