Yet to be decoded, Trump’s Tariff Tsunami: What It Means for India and the Global Trade Landscape. U.S. President Donald Trump has announced reciprocal tariffs on dozens of countries, as well as India. On the Liberation Day a new baseline tariffs of 10% was introduced, which will take effect from April 5th along with country-specific rates taking effect from April 9. Apart from other countries, India is also facing Trump’s Tariff Tsunami. India faces about 27% adjusted tariff on exports to the United States which is ten times higher than its previous average rate of 2.7%.