The US has implemented a tariff of 26% on most exports from India. After President Trump imposed these tariffs on April 2, the BSE Sensex and the NSE Nifty fell 1.6% and 1.8%, respectively, in two days. The US has implemented a tariff of 26% on most exports from India. After President Trump imposed these tariffs on April 2, the BSE Sensex and the NSE Nifty fell 1.6% and 1.8%, respectively, in two days. Economic Times