President Donald Trump announced on Wednesday that the United States will impose a 25% tariff on imports from India starting August 1, along with an additional, unspecified penalty.
In a statement on Truth Social, Trump criticised India’s trade practices, describing the country’s tariffs as excessively high and accusing it of maintaining some of the most restrictive non-monetary trade barriers globally. He also pointed to India’s reliance on Russian military equipment and energy, calling it inappropriate amid ongoing international pressure on Moscow over the conflict in Ukraine.
India’s commerce ministry, which leads trade talks with Washington, has yet to comment on the decision. The move undermines ongoing negotiations between the two countries aimed at reaching a limited trade agreement. Despite several rounds of talks, Indian officials have resisted opening up domestic markets to U.S. agricultural exports, citing concerns for millions of local farmers.
The new U.S. tariffs are expected to affect Indian exports worth approximately $87 billion in 2024, particularly in sectors such as textiles, pharmaceuticals, jewellery, and petrochemicals. The U.S. currently runs a $45.7 billion trade deficit with India.
India is now among several countries facing steeper tariffs under Trump’s 'Liberation Day' trade policy, which seeks to reorient American trade relations by demanding more equitable terms.
While Trump and Indian Prime Minister Narendra Modi had previously pledged to finalise a phase-one trade deal by autumn 2025 and expand bilateral trade to $500 billion by 2030, this announcement casts doubt on those goals.
The White House has consistently raised concerns over India’s average tariffs, particularly in agriculture with rates nearing 39%, and even higher on items such as vegetable oils, apples, and corn.
The development may prompt retaliatory measures from India, potentially affecting U.S. exports of manufactured goods and energy products. Indian officials have acknowledged the strategic value of ties with the U.S., especially in countering China, but remain firm on retaining policy flexibility in sectors such as agriculture, data regulation, and state subsidies.
U.S. President Donald Trump has signed an executive order pledging U.S. military support to defend Qatar if it comes under attack, following last mont...
Qarabağ claimed their second win in the UEFA Champions League group stage with a 2-0 victory over Copenhagen at the Tofig Bahramov Republican Stadium...
Kazakhstan has unveiled plans to create a specialised research University for artificial intelligence while also providing digital skills training for...
Contact has been lost with several vessels in the Global Sumud Flotilla, organisers said on Wednesday evening, as the ships continued their attempt to...
French naval personnel have boarded a Russia-linked oil tanker suspected of being used to launch drone flights that disrupted airports in Denmark last...
Leaders from across Europe meet in Copenhagen on 2 October for the seventh European Political Community summit, with security and support for Ukraine at the top of the agenda following today’s informal European Council.
The foreign minister of the Turkish Republic of Northern Cyprus (TRNC) Tahsin Ertugruloglu has strongly criticised the UN Security Council, accusing it of depriving the Turkish Cypriot people for six decades through failed negotiations on the Cyprus issue.
Contact has been lost with several vessels in the Global Sumud Flotilla, organisers said on Wednesday evening, as the ships continued their attempt to reach Gaza with humanitarian aid.
Qarabağ claimed their second win in the UEFA Champions League group stage with a 2-0 victory over Copenhagen at the Tofig Bahramov Republican Stadium in Baku on Wednesday.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
A powerful 7.4-magnitude earthquake struck off Russia’s Kamchatka Peninsula on 13 September with no tsunami threat, coming just weeks after the region endured a devastating 8.8-magnitude quake — the strongest since 1952.
Authorities in California have identified the dismembered body discovered in a Tesla registered to singer D4vd as 15-year-old Celeste Rivas Hernandez, who had been missing from Lake Elsinore since April 2024.
U.S. President Donald Trump has signed an executive order pledging U.S. military support to defend Qatar if it comes under attack, following last month’s Israeli airstrikes on Doha that intensified regional tensions.
Qarabağ claimed their second win in the UEFA Champions League group stage with a 2-0 victory over Copenhagen at the Tofig Bahramov Republican Stadium in Baku on Wednesday.
Contact has been lost with several vessels in the Global Sumud Flotilla, organisers said on Wednesday evening, as the ships continued their attempt to reach Gaza with humanitarian aid.
French naval personnel have boarded a Russia-linked oil tanker suspected of being used to launch drone flights that disrupted airports in Denmark last month.
The foreign minister of the Turkish Republic of Northern Cyprus (TRNC) Tahsin Ertugruloglu has strongly criticised the UN Security Council, accusing it of depriving the Turkish Cypriot people for six decades through failed negotiations on the Cyprus issue.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment