Trump Announces 25% Tariff and Additional Penalties on Indian Imports Over Ties With Russia:

Trump Announces 25% Tariff and Additional Penalties on Indian Imports Over Ties With Russia:

Daily Current Affairs   /   Trump Announces 25% Tariff and Additional Penalties on Indian Imports Over Ties With Russia:

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Category : Business and economics Published on: August 01 2025

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Former U.S. President Donald Trump announced that the U.S. will impose a 25% tariff and additional penalties on imports from India beginning August 1, 2025. The decision, shared via his Truth Social post, is a response to India's alleged high trade barriers and its continued energy and defense ties with Russia.

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