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Trump Imposes 25% Tariffs on Indian Goods, Holds Firm on August 1 Deadline

Trump Imposes 25% Tariffs on Indian Goods, Holds Firm on August 1 Deadline

Published:
2025-07-30 20:05:01
21
3
BTCCSquare news:

President TRUMP announced a 25% tariff on Indian goods entering the U.S., effective August 1, citing high tariffs imposed by India and its military purchases from Russia. "India has been a good friend, but India has charged basically more tariffs than almost any other country," Trump stated on Truth Social. The deadline remains firm, with no extensions.

Meanwhile, U.S.-China trade talks in Sweden concluded without a tariff delay announcement. Treasury Secretary Scott Bessent noted Trump will decide on extending the trade truce between the two economic giants.

|Square

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