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Trump Slams India with 25% Tariff Hammer—Trade War Escalates

Trump Slams India with 25% Tariff Hammer—Trade War Escalates

Author:
Coingape
Published:
2025-07-30 12:27:36
17
2

Washington turns the screws—again. The Trump administration just dropped a 25% tariff bomb on Indian imports, escalating tensions in a trade saga that’s starting to feel like a bad rerun.


The Steel (and Spice) Squeeze

No sector’s safe. From textiles to tech components, American businesses now face steeper costs—because nothing says 'economic strategy' like knee-jerk protectionism. Meanwhile, India’s export machine grinds slower.


Market Whiplash

Forex traders scrambled as the rupee dipped. Supply chain analysts predict inflationary ripple effects—because who doesn’t love paying more for everything? (Thanks, legacy finance systems.)


Crypto’s Silent Win

While fiat economies play tariff ping-pong, Bitcoin traders shrugged. Decentralized finance doesn’t beg for trade deals—it just bypasses them. Another reminder: the future won’t be tariffed.

Tariffs

US President Donald TRUMP announced a 25% tariff on Indian imports effective August 1, 2025, citing India’s high tariffs, strict trade barriers, and ongoing military and energy ties with Russia. Trump emphasized that India’s significant purchases from Russia amid the Ukraine conflict are unacceptable, leading to added penalties alongside the tariffs. This move underscores rising trade tensions as the US seeks fairer trade terms with India.

|Square

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