As the Reserve Bank of India holds its benchmark rate at 5.5%, EBC Financial Group warns India’s external outlook may face greater pressure in the months ahead.
INDIA, August 8, 2025 /EINPresswire.com/ -- U.S. President Donald Trump announced on August 7 an additional 25% tariff on Indian exports, citing India’s continued imports of Russian oil — a move that sharply escalates trade tensions. The new tariffs, which come on top of an existing 25% duty on select goods, will push total tariffs to as high as 50%, making them among the highest levied on any U.S. trading partner. Set to take effect on August 28, the decision follows the collapse of





































