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Publication date: 28 October 2025. Published by: Liontrust Asset Management.
Past performance does not predict future returns. Investment returns may be less than the original amount invested. Specific securities references are not recommendations to purchase or sell investments.
When President Trump announced a US tariff rate of 50% on goods from India in August, ostensibly for purchasing Russian oil, this took the country to the top of the league table of tariffs alongside fellow emerging market Brazil.
South-east Asian countries follow with tariff rates of 40%.
Author's summary: Tariff rates affect investments.