The United States had announced a 25% secondary tariff on India on August 6 in response to New Delhi’s continued purchase of Russian oil. These tariffs are set to take effect on August 27, and come in addition to the 25% reciprocal tariff previously announced on August 1.
Together, the total duties imposed on Indian imports now stand at 50%, making them among the highest levied by the US on any country.The tariff dispute comes amid stalled trade negotiations. The US has been pushing for greater access to India’s agricultural and dairy markets. Key American demands include lower tariffs on corn, soybeans, apples, almonds, and ethanol, along with expanded access for US dairy products.
However, India has resisted these demands, arguing they would adversely impact domestic farmers.
On August 15, during his Independence Day address, Prime Minister Narendra Modi reaffirmed his commitment to protecting farmers, stating, “If any policy is against India’s farmers, fishermen, cattle rearers, Modi is standing like a wall.”
As the deadline for the secondary tariffs approaches, the situation remains tense, with no clear resolution in sight.
