U.S. President Donald Trump has imposed an additional 25% duty on a broad range of Indian imports, effectively lifting the tariff burden on some products to about 50%. The White House cited New Delhi’s continued purchases of discounted Russian crude as the main reason for escalating the trade action. The announcement rattled Indian financial markets. At the opening bell on Wednesday, the benchmark Sensex fell 262 points to 80,281, while the Nifty dropped 78 points to 24,496. Analysts warned that foreign portfolio outflows could intensify as investors reassess India’s export outlook. Export-oriented sectors such as oil, pharmaceuticals, chemicals, textiles, metals and smartphones are viewed as particularly vulnerable to the higher U.S. tariff wall. Brokerage house Emkay Global advised clients to look through near-term volatility but acknowledged that earnings forecasts may need to be re-evaluated if the duties remain in place.