Fact Check: No Evidence India Lost $30 Billion in Foreign Investment Due to U.S. Tariffs

Fact Check en Featured Misleading-en

US President Donald Trump imposed tariffs on Indian exports because India buys oil from Russia. In this context a claim is going viral on X. A Pakistan-based propaganda account shared the claim. ‘NavCom24’ claimed “India lost $30 Billion foreign investment due to incoming US tariffs” on 6 August 2025.

Link

Several other accounts have also shared a similar claim which you can see here, here and here.

Fact Check

The team at DFRAC debunks the viral claim as we found it to be misleading in our investigation. In our research we searched for the viral statement on the internet and found that no media house or official government sources have released any such statement. RBI has also not issued any such statement.

But, we found an article by ‘Money Control’ released on 30 July 2025. The headline says “Trump’s 25% tariff penalty on India may cost the economy over $30 billion, experts warn”. The article informs that Trump’s 25 percent tariff and added penalty on Indian exports could result in a $30 billion blow to India’s gross domestic product (GDP).

Link

Conclusion

Therefore, we confirm that the viral claim that India lost $30 billion foreign investment due to incoming US tariffs is misleading. Experts have warned that such tariffs could negatively impact India’s GDP. However, it shows no signs of direct and definite loss of foreign investment.