55% of Indian exports to US impacted by 25% reciprocal duty, says FinMin - The Source Guy

55% of Indian exports to US impacted by 25% reciprocal duty, says FinMin

The Department of Commerce is taking feedback from all stakeholders including exporters and industry for their assessment on the impact of additional tariffs by the United States, the ministry of finance said in the Lok Sabha on August 11, adding that around 55 percent of Indian exports to the US will be subject to 25-percent reciprocal duties.

Reciprocal tariff at the rate of 25 percent has been imposed on certain goods exported from India to the US starting August 7, 2025. It is estimated that around 55 percent of total value of India’s merchandise exports to the US will be subject to this reciprocal tariff, junior finance minister Pankaj Chaudhary said in a written response.

“It may be noted that reciprocal tariffs at varying rates have been imposed by the US on imports from all countries. Combination of different factors such as product differentiation, demand, quality, contractual arrangements would determine the impact on India’s exports,” Chaudhary added.

The ministry added that the government attaches the utmost importance to protecting and promoting the welfare of our farmers, entrepreneurs, exporters, MSMEs, among others, and will take all necessary steps to secure the country’s national interest.

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