<h1>US 50% tariffs on Indian imports tied to Russian oil likely slash exports, threaten hundreds of thousands jobs</h1> The US government's additional tariffs-raising levies on Indian goods tied to India's purchases of Russian oil to a total of 50% and effective Aug. 27, 2025-are expected to sharply reduce exports from a major Indian state, particularly in labour-intensive leather, marine/seafood, footwear and engineering goods. Trade estimates project roughly Rs 45,000 crore of Indian exports affected, with state marine shipments worth about Rs 5,000-6,000 crore and leather exports of Rs 5,000-6,000 crore at risk; hundreds of thousands of direct and indirect jobs across processing, farming and foundry sectors could be lost. Exporters are exploring rerouting and partial European production as mitigation.