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The tariff announcement was made by Trump on his Truth Social handle and the post said that the tariff and penalty becomes effective from August 1.
“India will therefore be paying a tariff of 25%, plus a penalty for the above, starting on August 1st. Thank you for your attention to this matter,” the two-time president said.
Trump slammed India for its long-standing trade practices and foreign policy alignments, particularly its close ties with Russia.
Speaking to reporters aboard Air Force One, he reiterated his view that India’s tariff regime has historically been unfair but noted, “I think the trade deals are working out very well. Hopefully for everybody, but for the United States, they’re very, very good.”
On the Indian side, officials have sought to downplay tensions, projecting confidence in the negotiation process.
More to come…
