Trump’s 50% Tariff Hammer Hits $87B Indian Exports—Markets Roil, Crypto Stands Firm
Trade war escalation sends traditional markets reeling—digital assets flash green.
Protectionist policies spark capital flight from vulnerable emerging markets. Investors pivot to borderless alternatives as sovereign risks mount. Tariffs target $87 billion in goods—equivalent to India's entire tech export revenue.
Bitcoin's correlation break proves decisive. No customs forms, no border checks—just pure capital mobility. Traditional finance scrambles while crypto markets barely blink.
Another reminder: geopolitics can't tariff a blockchain. Legacy systems choke on political whims while decentralized networks process value at light speed. Wall Street still trying to short volatility while crypto builds the antidote.
Source: X / Financial Times
Trump’s India Tariffs Spark $87B Export Impact And Global Market Reaction
The Trump India tariffs are in fact quite an extreme and aggressive step from the basic rate imposed in August at 25%. The stock markets have also been particularly jumpy as the Indian import impact is felt across most sectors. The tariffs on imports totaling at a whopping 87B, which also include generic prescriptions, smartphone parts and even some machineries.
Trump stated on his Truth Social platform:
Immediate Market Response to Trump India Tariffs
The effect of this news was felt very quickly and somewhat harshly in international markets as US and Indian markets showed a massive decline. The Dow Jones was down 2.8 percent whereas the Sensex of Mumbai was down 4.2 percentage points in a short bid to absorb the full impact of the intensification of the trade war between the US and India. As it currently stands, the currency markets are also experiencing massive fluctuations and some are even going so far as to say it may be the worst trade war in decades and that is pretty wild indeed.
India’s Ministry of External Affairs condemned the measures, stating:
Industries Hit Hardest by the $87B Tariffs
The Indian exports impact is particularly severe in pharmaceuticals, where India supplies nearly 40% of generic drugs to the US market right now. Electronics manufacturing, including smartphone assembly, faces major disruptions despite some exemptions that are still in place. The textile sector, which employs about 45 million workers in India, also confronts significant challenges from these Trump India tariffs, along with the gems and jewelry industry.
Trump administration officials have been justifying the escalation, with the WHITE House stating:
Russia actually defended India’s position, with Kremlin press secretary Dmitry Peskov declaring:
