Trump’s Tariff Strategy: India Faces 50% Duties, Semiconductors Targeted for 100%

August 7, 2025 - 03:48

Yahoo Finance is chronicling the latest news and updates on Trump’s tariffs. In a significant move, the Trump administration has imposed a staggering 50% tariff on goods imported from India. This decision is expected to have far-reaching implications for trade relations between the two nations, affecting various sectors including textiles, electronics, and pharmaceuticals.

Additionally, President Trump has set his sights on the semiconductor industry, proposing a dramatic 100% tariff on imported semiconductor products. This bold action aims to bolster domestic manufacturing and reduce reliance on foreign suppliers, particularly in light of ongoing global supply chain disruptions.

The announcement has sparked concerns among industry leaders and analysts, who warn that such steep tariffs could lead to increased costs for consumers and hinder innovation in critical technology sectors. As the situation continues to evolve, businesses and consumers alike are bracing for the potential economic fallout from these new tariff measures.