Jaipur (Rajasthan) [India], August 27 (ANI): Rajasthan Minister Jogaram Patel expressed strong confidence in India's economic resilience in the wake of the 50% tariffs imposed by the United States on Indian exports, effective today.

Addressing the media, Patel emphasised that Prime Minister Narendra Modi's initiatives like 'Make in India' and the promotion of 'Made in India' products have significantly bolstered domestic manufacturing.

'Since PM Modi has given the slogans of Make in India and adoption of Made in India products, all Indian companies have started manufacturing most products in India. I have full faith that PM Modi will never bow down and will never take any decision that is against the country. 50% US tariffs will not affect the Indian economy, and we will soon become the third largest economy in the world,' he said.

On Wednesday, the 50 per cent tariffs on imports from India to the United States came into effect. This follows the draft notice published by the U.S. Customs and Border Protection (CBP), which stated that the order would take effect on August 27.

According to the notice, the additional duties are being imposed to give effect to the President's Executive Order 14329 of August 6, 2025, titled 'Addressing Threats to the United States by the Government of the Russian Federation.'

The order set a new rate of duty on imports of articles that are products of India. The move follows the announcement by U.S. President Donald Trump to raise tariffs on Indian goods to 50 per cent.

The CBP said that the Secretary of Homeland Security has determined it necessary to modify the Harmonised Tariff Schedule of the United States (HTSUS) in line with the executive order.

The higher duties are applicable to all Indian products that are either entered for consumption in the U.S. or withdrawn from warehouses for consumption. With this, the 50 per cent tariffs on India's imports to the U.S. are now in effect.

Earlier, on July 30th, US President Donald Trump announced an additional 25 per cent tariffs on India.

While Indian Prime Minister Narendra Modi remained firm on Monday, as the 50 per cent US tariffs on Indian goods took effect, saying his government will find a way out regardless of the economic pressure from Washington.

'No matter how much pressure comes, we will keep increasing our strength to withstand it. Today, the Atmanirbhar Bharat Abhiyan is getting a lot of energy from Gujarat and behind this are two decades of hard work...,' PM Modi said while speaking at a public address in Ahmedabad on Monday. (ANI)