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Indian Economy
A customer picks up a packet of Lay's potato chips at a shop in Srinagar, Jammu and Kashmir, on August 8, 2025. In an escalation of trade tensions between the United States and India, US President Donald Trump, on August 6, 2025, signs an executive order imposing a 25 percent ad valorem tariff on all Indian imports into the United States. The ad valorem duty imposed in Executive Order 14257 applies in addition to the ad valorem duty imposed in section 2 of the order. This effectively means some categories of Indian exports may face a combined tariff burden of over 50 percent, depending on their classification. (Photo by Firdous Nazir/NurPhoto)
Photo Details
| Photo ID | #12625474 |
|---|---|
| Date Taken | |
| Location | N/A |
| Photographer | Firdous Nazir/NurPhoto |
| Category | Economy, Business and Finance |
| Copyright | © 2026 NurPhoto - Firdous Nazir/NurPhoto |
Related Keywords
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Jammu and Kashmir
trade tensions
United States
India
US President
Donald Trump
executive order
25 percent tariff
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Indian imports
Executive Order 14257
section 2
tariff burden
Indian exports
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August 08
2025
August 06
2025
Firdous Nazir
NurPhoto
shop
packet
combined tariff
trade policy
economic impact
import duties
export categories
trade relations
international trade
economic sanctions
tariff escalation.
2026 NurPhoto. All rights reserved.
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