Will India’s Exports Face Tariff Trouble from August 1 Under Donald Trump?

Washington DC (United States) [USA], July 08: Donald Trump has firmly announced that August 1, 2025, is the final date for new tariffs on exports from 14 countries. In letters sent to these nations, including India, Japan, and Thailand, he clearly stated that no extension would be offered. The earlier 90-day pause on reciprocal tariffs had ended on July 9. Trump, now active on Truth Social, declared that every country must prepare to pay the decided tariffs without expecting a delay. This firm stand is part of his larger plan to protect US trade interests as he eyes future deals.

India on the List, But Talks Continue

India was among the 14 countries that received letters from the US about the new tariff rules. But there’s a ray of hope, as Trump mentioned that a trade deal between India and the United States is close to finalisation. While speaking to the press during a meeting with Israeli PM Netanyahu, Trump said that India and the US were not far from sealing a trade deal. Indian officials, including special secretary Rajesh Agrawal, recently visited the US for key talks. Both sides are hopeful for a positive outcome before the August deadline.

No Mercy on Deadlines

Trump’s post on Truth Social clearly said that all countries must pay the tariffs starting August 1. “No change, no extension,” his post read. These lines were written not just to inform but to make a strong statement. The message was firm and showed Trump’s focus on strengthening American businesses by making foreign companies pay for access. With such clear instructions, countries that depend on exports to the US, like Bangladesh and Myanmar, will have to make tough choices in the coming weeks. Every country is now watching the calendar carefully.

Each Country Gets Its Own Rate

The letters sent out did not mention one fixed rate. Instead, each country received its own specific tariff rate, depending on what goods it exports. This shows how serious the US administration is about keeping trade fair and balanced in their eyes. Nations like South Korea and Japan, with strong technology exports, may face higher duties. India, which exports items like pharmaceuticals, machinery, and textiles, has a lot at stake. These new duties might push up prices in the US market, but also make it harder for these countries to sell their goods.

India-US Trade Deal Still Possible

While the tariff news created pressure, many are still hopeful that India and the US will finish their trade deal before August 1. Experts believe that both sides have already agreed on major points. According to Mark Linscott, a former US trade official, this deal may not be legally binding but will lay out what both countries agree upon. For India, this deal could be a way to avoid the impact of high tariffs. With time running out, every meeting and message will now play a big role in deciding what happens next.