Tariff math explained: How Indian exports face effective duty of 33.6% and not 50%
- Posted on August 28, 2025
- By Business News Today
- 1 Views
Tariff math explained: How Indian exports face effective duty of 33.6% and not 50%
Trumps 50% tariff on Indian goods effectively translates to 33.6% after exemptions, Nomura estimates. While manageable compared to the headline rate, economists warn of GDP slowdown, sectoral pain in textiles, jewellery, and pressure for reforms.
