July 31, 2025
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11:55:01Now PlayingUS President Donald Trump announced that a 25% tariff will be imposed on Indian imports starting August 1, along with an additional unspecified penalty. In a post on his social media platform Truth Social, Donald Trump cited India’s high tariffs, stringent non-monetary trade barriers and continued military and energy ties with Russia as the basis for the move.
“India is our friend, but we have… done relatively little business with them because their tariffs are far too high… and they have the most strenuous and obnoxious non‑monetary trade barriers of any country," Donald Trump wrote.
#live #Trump #IndiaUSRelations #TradeWar #Tariffs #TrumpNews #BreakingNews #USIndiaTrade #GlobalEconomy #ImportDuties #August1Tariff #TrumpSpeech #IndiaTradeUpdate
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