Trump's 50% Tariff on India Takes Effect: What Gets Expensive for Americans? |Firstpost America|N18G

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President Trump's 50% tariff on Indian exports has officially taken effect. American consumers are likely to see higher prices on a wide range of Indian goods, including textiles, apparel, jewellery, footwear, leather products, carpets, handicrafts, agricultural items such as rice, tea, spices, shrimp, and furniture. While these tariffs impact US buyers, India is responding with tax reforms, promoting locally-made products, and encouraging exporters to diversify into markets such as Latin America, Africa, and West Asia. Watch to know more.  ---  President Trump | Trump Tariffs | Indian Exports | 50% Tariff | US India Trade | Trade War | Import Taxes | American Consumers | Rising Prices | Indian Goods | Textiles | Apparel | Jewellery | Footwear | Leather Products | Carpets | Handicrafts | Agricultural Exports | Rice Export | Tea Export | Spices Export | Shrimp Export | Furniture Import | US Trade Policy | Global Trade | Firstpost America | Eric Ham | War | Geopolitics | Global Economy | Firstpost | World News | Latest News | Global News | International News | Trending News  #presidenttrump #trumptariffs #indianexports #50%tariff #usindiatrade #tradewar #importtaxes #americanconsumers #risingprices #indiangoods #textiles #apparel #jewellery #footwear #leatherproducts #carpets #handicrafts #agriculturalexports #riceexport #teaexport #spicesexport #shrimpexport #furnitureimport #ustradepolicy #globaltrade #firstpostamerica #ericham #war #geopolitics #economy #firstpost #worldnews #latestnews #globalnews #internationalnews #trendingnews  Firstpost is an Indian news and media website. Get all the incisive opinions, in-depth analyses and other visual stories that matter to you and the world right here on this channel.   Subscribe to Firstpost channel and press the bell icon to get notified when we go live.    https://www.youtube.com/@Firstpost  Follow Firstpost on Instagram: https://www.instagram.com/firstpost/   Follow Firstpost on Facebook: https://www.facebook.com/firstpostin/   Follow Firstpost on Twitter:  https://twitter.com/firstpost  Follow Firstpost on WhatsApp: https://www.whatsapp.com/channel/0029Va6zOIrEQIamseyg762V  # news #breaking #24x7

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00:00We begin today in South Asia, where the 50% tariff imposed by President Donald Trump on India has officially come into effect.

00:07Earlier this month, Trump imposed an additional 25% tariff on India, citing New Delhi's purchase of Russian oil.

00:13He already levied a 25% duty consistent with his announcements for other nations,

00:18but this move has escalated tensions between the two nations,

00:22which in recent years have emerged as strong partners in the Indo-Pacific region.

00:26Now, India finds itself among countries paying the highest U.S. duty rates alongside Brazil and China.

00:34And with the latest round of tariffs, the Trump administration seeks to punish New Delhi for importing Russian oil,

00:39which Washington says supports Moscow's war efforts.

00:43Now, India has pushed back exposing Western hypocrisy in their own trade with Russia.

00:49Both nations have held multiple rounds of trade negotiations, but no significant breakthroughs have emerged.

00:54Experts estimate that tariff hikes could affect nearly 55% of India's $87 billion exported to the U.S.,

01:04but the burden will not fall solely on New Delhi.

01:07American consumers also are likely to feel the impact,

01:11as India exports a range of essential products to the United States.

01:15Prices for textiles and apparel, including T-shirts, knitwear, and woven items, are expected to rise.

01:21Gems and other precious metals from India will also most likely become more expensive.

01:26Footwear, leather goods, carpets, and handcrafts may also get expensive in the coming days.

01:32Agricultural products such as rice, tea, and spices may also likely see higher prices as well.

01:38Additionally, Indian shrimp products may also cost more.

01:41Furniture and home linen imported from India will be subject to the same pressures.

01:45In fact, according to reports, U.S. GDP growth could be reduced by as much as 40 to 50 basis points as a result of these duties.

01:54Even local leather exporters say the impact will fall mainly on American consumers.

01:5950% tariff, looking at our neighboring countries, Bangladesh at 20% and Vietnam at 20%,

02:11then definitely there will be a change.

02:14On 50%, we will be only serving the niche market.

02:18Now, President Trump had previously promised billions in revenue for the U.S. Treasury,

02:36but economists warn of the inflationary pressure to consumers.

02:40In fact, several U.S. companies are already raising prices to offset the tariff impact.

02:46But for India, analysts estimate a slowdown in GDP growth of 0.2 to 0.4 percentage points in the 2025-26 fiscal year.

02:55Now, the increased tariffs also put hundreds of thousands of jobs at risk across manufacturing hubs in the country.

03:01But New Delhi has been pushing hard against that impact,

03:05with Prime Minister Narendra Modi making a promise to cut taxes and urging self-reliance,

03:11emphasizing the purchase of locally made goods.

03:13और्याट पाल्येश्ट के वहांड़ोंने च Kings किनेता ty निर्या ऊनियें

03:30कियारे अट्स सब्समानिकों आपक्या रिधे और नियाने 10 चास्पोना रिफ़ांट्ध मुद्ध्य कर सब्सक्राइ किम

03:41Now, India is also encouraging exporters to diversify into markets in China, Latin America,

04:04Africa and West Asia.

04:06So as Americans face higher prices on Indian products, India stands strong, turning challenges

04:11into opportunities and showing that the world's largest democracy sets its own course.

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