Exempt classes embody iron, metal, aluminium, copper, passenger automobiles, mild vans, auto elements, prescription drugs, and electronics comparable to semiconductors, cellphones, and tablets.
India, one of many worst-affected international locations, faces steep tariff hikes underneath President Trump’s commerce crackdown, which he linked to India’s continued imports of Russian crude oil. Whereas Indian refiners like IOC and Reliance are anticipated to reduce on Russian purchases, they’re unlikely to halt them altogether—signalling New Delhi’s intent to steadiness power safety with world strain.







