Trump tariff blitz: Australia spared, India faces 25 per cent in steep US tariff hikes

United States - India -Import Tariff - Photo Illustration

The United States has agreed to impose 25% percent tariffs on imports from India under a trade deal for all Indian exports to the United States, starting August 7. seen in this photo illustration. Taken in Brussels, Belgium, On 1 August 2025. (Jonathan Raa / Sipa USA) Source: SIPA USA / Jonathan Raa/Jonathan Raa/Sipa USA

The United States has implemented sweeping new tariffs on dozens of countries, citing economic and security concerns. While Australia has been spared, key allies including Canada, Switzerland and Taiwan face steep hikes. The tariff rate for Australia remains at the lowest level of 10 per cent, while India faces 25 per cent. More in this podcast.


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