关于美国对印度加征关税的五个问题

J P M O R G A N Asia Pacific Economic Research 26 August 2025 Five questions on US tariffs on India After imposing 25% tariffs on India on July 30, the US imposed additional 25% "secondary tariffs" for Indian purchases of Russian crude, which are to come into effect this week (August 27). This piece digs deeper into what these tariffs would mean for India. What will be the effective tariff rate on India's exports? How does it compare with the rest of the world? Which sectors are most exposed? What is the do ...