ImportTariffs
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📢 BREAKING NEWS! Trump Officially Imposes 25% Tariffs on India Starting August 1st!
US President Donald Trump has just announced a controversial policy that will impose a 25% tariff on all imported goods from India, effective August 1, 2025!
This policy not only includes import tariffs but also "additional penalties" levied due to India's decision to continue purchasing energy and military equipment from Russia.
In a Truth Social post, Trump accused India of having the "highest tariffs in the world" and "most difficult and annoying" non-monetary trade barriers compared to other countries.
This move underscores the US's protectionist and confrontational approach towards a major trading partner, while simultaneously putting additional pressure on countries deemed to be supporting Russia's economy amidst the Ukraine conflict.
#Trump #India #ImportTariffs #russia #ukraine
US President Donald Trump has just announced a controversial policy that will impose a 25% tariff on all imported goods from India, effective August 1, 2025!
This policy not only includes import tariffs but also "additional penalties" levied due to India's decision to continue purchasing energy and military equipment from Russia.
In a Truth Social post, Trump accused India of having the "highest tariffs in the world" and "most difficult and annoying" non-monetary trade barriers compared to other countries.
This move underscores the US's protectionist and confrontational approach towards a major trading partner, while simultaneously putting additional pressure on countries deemed to be supporting Russia's economy amidst the Ukraine conflict.
#Trump #India #ImportTariffs #russia #ukraine
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