Tariff in Trumpistan

The US President has conveyed on his handle that India will be paying a 25% Tariff with effect from 01st August 2025 and in addition a Penalty because India’s tariff is too high, amongst the highest in the world, with the most strenuous and noxious non-monetary trade barriers of any country. J the App by JustIDT has endeavoured to give the first look impact at the Export volumes that may be impacted, the immediate economic implications, the supply chain disruptions that may be caused and the trade policy repercussions. In addition to the above, J the App by JustIDT has also endeavoured to set out what can be the way forward.