🚨 𝗨.𝗦. 𝗜𝗺𝗽𝗼𝘀𝗲𝘀 𝟱𝟬% 𝗧𝗮𝗿𝗶𝗳𝗳𝘀 𝗼𝗻 𝗜𝗻𝗱𝗶𝗮𝗻 𝗚𝗼𝗼𝗱𝘀 — 𝗔 𝗡𝗲𝘄 𝗘𝗿𝗮 𝗼𝗳 𝗧𝗿𝗮𝗱𝗲 𝗧𝗲𝗻𝘀𝗶𝗼𝗻𝘀 𝗕𝗲𝗴𝗶𝗻𝘀 ⚠️
On August 6, 2025, President Donald Trump signed an executive order doubling tariffs on Indian goods to 50%, citing India’s continued imports of Russian oil despite global sanctions.
🔍 What’s Affected?
🔹 Pharmaceuticals
🔹 Textiles
🔹 Steel & Infrastructure More than 55% of India’s exports to the U.S. are now at risk.
🇮🇳 India Responds: India called the move "unfair, unjustified, and unreasonable," emphasizing its right to ensure energy security for its 1.4 billion people. Top Indian industrialists like Harsh Goenka also spoke out, urging a renewed focus on self-reliance and sovereign decision-making.
📊 Trade Fallout
The tariff hike will take effect within 21 days
Exporters are already halting shipments to the U.S.
Diplomatic relations face a potential chill after years of progress in Indo-U.S. cooperation
⚠️ Why This Matters: This is more than just a tariff. It’s a warning signal of rising economic nationalism and fractured global alliances. As countries prioritize energy independence and political influence, global trade could become the next battlefield.
🔗 Stay informed. The ripple effects of this decision could reshape outsourcing, tech partnerships, and global supply chains.
#TrumpTarif #GlobalEconomy #DonaldTrump #Modi #CryptoAndTrade $BTC $ETH $SOL