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.
Five Azerbaijani crew members were killed, and three others were injured after two cargo vessels were hit in a drone attack in the Sea of Azov, Azerba...
The United States has approved the possible sale of five Seahawk maritime helicopters to New Zealand in a deal valued at $1.5 billion, as Wellington m...
The U.S. said it struck Iranian radar sites on Qeshm Island and in Goruk after intercepting four drones, while Iran's Revolutionary Guards said they l...
The United States has announced an additional $38 million to support efforts to contain the Ebola outbreak in the Democratic Republic of Congo, as hea...
Armenians will vote on Sunday in a parliamentary election that will determine whether Prime Minister Nikol Pashinyan secures a new mandate to pursue ...
Five Azerbaijani crew members were killed, and three others were injured after two cargo vessels were hit in a drone attack in the Sea of Azov, Azerbaijan's Foreign Ministry said on Friday, as Russia blamed Ukraine for the strike.
The United States has approved the possible sale of five Seahawk maritime helicopters to New Zealand in a deal valued at $1.5 billion, as Wellington moves to strengthen its armed forces.
The U.S. said it struck Iranian radar sites on Qeshm Island and in Goruk after intercepting four drones, while Iran's Revolutionary Guards said they launches retaliatory strikes on four tankers in the Strait of Hormuz and targeted U.S. bases in the Gulf.
Armenians will vote on Sunday in a parliamentary election that will determine whether Prime Minister Nikol Pashinyan secures a new mandate to pursue peace with Azerbaijan or cedes ground to pro-Russian rivals.
Five Azerbaijani crew members were killed, and three others were injured after two cargo vessels were hit in a drone attack in the Sea of Azov, Azerbaijan's Foreign Ministry said on Friday, as Russia blamed Ukraine for the strike.
The new AnewZ documentary, TARGET: Yerevan, builds its explosive case on exclusive, secret recordings originally published by Minval Politika.
Azerbaijan has strongly rejected allegations published by CNN claiming that its territory was used for Israeli military and intelligence operations against Iran, describing the report as entirely baseless and demanding a retraction.
Armenia will hold parliamentary elections on 7 June 2026, a vote that will shape the country’s political direction for the next five years. Understanding how the electoral system converts votes into parliamentary power is key to following the outcome and its wider regional implications.
Armenia’s National Assembly election on 7 June is increasingly being viewed not only as a domestic political contest, but also as a vote that could shape the future direction of the South Caucasus.
People across Gaza are facing a worsening humanitarian crisis, with millions struggling to access food, clean water, shelter and medical care as the conflict continues.
The United States has approved the possible sale of five Seahawk maritime helicopters to New Zealand in a deal valued at $1.5 billion, as Wellington moves to strengthen its armed forces.
The United States has announced an additional $38 million to support efforts to contain the Ebola outbreak in the Democratic Republic of Congo, as health officials warn that the virus could spread further without stronger action.
More than 6,000 people gathered outside a vote-counting centre in Seoul on Friday night, demanding this week’s local elections be repeated after ballot shortages left some voters unable to cast their ballots.
The next time a goal goes in during a Champions League final, fans around the world could watch it from every angle at once — frozen, rotated and replayed in ways that were impossible only a few years ago.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment