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Publication date: 28 October 2025. Published by: Liontrust Asset Management.

Past performance does not predict future returns. You may get back less than you originally invested. Reference to specific securities is not intended as a recommendation to purchase or sell any investment.

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. They are followed by South-east Asian countries with tariff rates of 40%.

Author's summary: Tariff rates impact investments.

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Trustnet Trustnet — 2025-10-28

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