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U.S. Finalizes 50% Tariffs on Indian Imports, Effective Aug. 27

Washington says the levy is leverage to curb Russia’s oil revenue and push war-ending talks.

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Overview

  • A Department of Homeland Security notice confirms the additional 25% duty takes effect at 12:01 a.m. EDT on Aug. 27 under Executive Order 14329, lifting overall tariffs on many Indian goods to about 50%.
  • U.S. Vice President J D Vance called the measure “aggressive economic leverage,” saying secondary tariffs on India are designed to make it harder for Moscow to profit from oil.
  • India’s government has rejected the move as unfair and unjustified, with External Affairs Minister S. Jaishankar stressing energy security and telling critics that those who dislike Indian oil or refined products should not buy them.
  • Prime Minister Narendra Modi told a rally that his government will not compromise on protecting farmers and small businesses, vowing to withstand external pressure.
  • India’s ambassador to Russia said the country will keep buying oil wherever it gets the best deal and reported that a national‑currency settlement system with Russia is allowing payments to proceed without hurdles.