US President Donald Trump's decision to impose harsh tariffs on Indian exports and penalize purchases of Russian weapons and energy is expected to result in thousands of job losses and fundamentally alter bilateral relations, according to experts. The move follows stalled negotiations over an interim trade deal.

• Indian shipments to the United States will face a 25 percent tariff, impacting sectors like gems, pharmaceuticals, textiles, and smartphones.
• Kirit Bhansali, Chairman of India's Gem and Jewellery Export Promotion Council, stated the United States is their sector's largest market, accounting for over $10 billion in exports, nearly 30 percent of their total global trade.
• An unspecified "penalty" for acquiring military equipment and oil from Russia will be implemented from August 1.