India braces for export hit as steep new US tariffs loom

An employee walks past gantry cranes loading shipping containers onto trucks from the Cosco New York container ship docked at the Jawaharlal Nehru Port in Navi Mumbai, Maharashtra, India, Photographer: Dhiraj Singh/Bloomberg

MUMBAI/NEW DELHI: Indian exporters are bracing for disruptions after a U.S. Homeland Security notification confirmed Washington would impose an additional 25% tariff on all Indian-origin goods from Wednesday, ramping up trade pressure on the Asian nation.

Indian exports will face U.S. duties of up to 50% - among the highest imposed by Washington - after President Donald Trump announced extra tariffs as punishment for New Delhi's increased purchases of Russian oil earlier in August.