Trump Hits India With 25% Tariff - Russia
President Donald Trump said he would impose a tariff rate of 25% on India’s exports to the US starting on Aug. 1 and suggested he would add an additional penalty over the country’s energy purchases from Russia.
Trump in a post to Truth Social on Wednesday said India had tariffs that were “among the highest in the World, and they have the most strenuous and obnoxious non-monetary Trade Barriers of any Country.”
“Also, they have always bought a vast majority of their military equipment from Russia,
Bloomberg 30 July 2025
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