The US has implemented a total of 50 percent tariff (25 percent tariff +25 percent additional tariff) on India since August 27. But in this, the US has not applied tariffs on Indian medicines, smartphones and petro chemicals, taking special care of its selfishness. The US has maintained tariffs on these things at the earlier level. Similarly, according to industry data, the US accounts for about 18 percent of the chemicals in India’s total exports, with the financial year 2024 export price of about 5.7 billion US $. India Ratings and Research said in an estimate that the tariff hike may reduce US $ 2-7 billion in the financial year 2026.
America is largely dependent on Indian generic medicines
Actually, the dependence of Indian generic medicines in the American market is enough. In the United States, where nine out of ten proclamation consists of generic drugs, India provides about 40% of the generic drugs. In such a situation, there is no problem in America, Trump has kept the medicine out of the tariff. According to a report, India and America are very dependent on each other in terms of medicines. India’s access to the US market helps its generic pharmaceutical industry to stay in profits, while the US does not make enough generic medicines to meet its demand.
Which sector does not affect the tariff
| Export | First tariff | Now total tariff | |
| Medicines | 9.5 billion dollars | 0 | 0 |
| smart fone | 10.6 billion dollars | 0 | 0 |
| Petro chemical | 4.1 billion dollars | 6.9% | 6.9% |
Which sector will be affected?
| Export | First tariff | Now total tariff | |
| Garment | $ 3.4 billion | 12% | 62% |
| Home textile | 3.0 billion dollars | 9% | 59% |
| Shrimp fish | 2 billion dollars | 0 | 60 % |
| Jewelery | $ 3.6 billion | 5.8% | 55.8% |
| Diamond | 4.9 billion dollars | 0 | 50% |
| machinery parts | 6.7 billion dollars | 1.3% | 51.3% |
| Auto parts | 6.4 billion dollars | 1% | 26-51% |
Mobile export also has a big figure
Made in India smartphones are exported to America from India. According to India Briefing, a report in July said that India overtook China as the top smartphone supplier in the US market in the second quarter of 2025, its export stake has increased from 13 percent to 44 percent from a year-away year-on-year.
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