US Tariff Exposure
US Tariffs on India
Updated August 2026 · source: USTR Section 301 & Federal Register
India makes a huge share of America's generic medications. A 26% tariff could raise your prescription drug costs significantly. India also exports textiles and diamonds -- expect pricier jewelry and clothing.
India tariff rates by sector
| Sector | US tariff rate | Source |
|---|---|---|
| Pharmaceuticals | 26% | USTR / official |
| Textiles | 26% | USTR / official |
| IT Services | 26% | USTR / official |
| Gems & Jewelry | 26% | USTR / official |
| Chemicals | 26% | USTR / official |
India trade & debt exposure to the US
- U.S. Treasury Holdings $234.1B Rapidly growing, 4th largest
- Trade Deficit (Annual) $45.7B 2024 goods trade deficit
- U.S. Agency Bonds $55B Government-backed securities
India tariffs — FAQ
What is the US tariff rate on India?
India faces an effective US tariff of 10%, with Pharmaceuticals seeing the highest sector rate at 26%. Rates are drawn from USTR Section 301 schedules and recent Federal Register actions.
Which India sectors are hit hardest by US tariffs?
Pharmaceuticals (26%), Textiles (26%), IT Services (26%).
What does India's tariff impact score mean?
33/100 — FinBrio's impact score combines the headline tariff rate, how many sectors are affected, and the country's trade exposure to the US into a single 0–100 measure of how hard US trade policy hits it.
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