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Wednesday, December 03, 2025 | 12:40 PM ISTहिंदी में पढें
US tariffs on the horizon: Exporters seek rollout of promotion schemes
₹2,250 crore Export Promotion Mission awaits Cabinet nod
 "exporters, trade, tariff")
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India will face relatively higher tariffs as compared to most nations as New Delhi and Washington failed to finalise an interim trade agreement before US President Donald Trump’s August 1 deadline.
With the United States (US) set to impose a 25 per cent tariff on Indian goods starting August 7, exporters have urged the government to shoulder a part of the burden and expedite the rollout of the ₹2,250 crore Export Promotion Mission that has been pending since its announcement.
The mission was announced in the Budget for 2025-26 (FY26) but has not been rolled out yet. This has raised concerns among exporters bracing for a potential hit not only from the impending tariffs but also from an unspecified penalty that may be imposed on India for its energy purchases from
