President Donald Trump meets with Indian Prime Minister Narendra Modi at the White House in Washington on Feb. 13, 2025. Kevin Lamarque/Reuters
President Donald Trump said on July 30 that the United States will impose a 25 percent tariff on Indian goods beginning Aug. 1, along with additional unspecified penalties, citing the country’s high trade barriers and continued reliance on Russian energy and arms.
The announcement, made in a Truth Social post, describes India’s tariffs as “among the highest in the world,” with Trump adding that the extra penalties would address New Delhi’s military and energy ties to Moscow amid the war in Ukraine.
Original News Source Link – Epoch Times
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