#TrumpTariffs The current U.S. administration has announced a 25% tariff on all goods imported from India, effective starting in early August 2025. This action is part of a broader "reciprocal tariff" policy. In addition to the blanket tariff, an unspecified "penalty" has also been announced for India's continued purchase of defense equipment and energy from Russia.

The White House and U.S. officials have cited several reasons for the new tariffs:

* High Indian Tariffs: President Trump has stated that India's tariffs on U.S. products are "far too high."

* Trade Barriers: The administration has also pointed to "strenuous and obnoxious non-monetary trade barriers" in India.

* Russian Trade: India's significant purchases of military equipment and oil from Russia have been a point of contention, with U.S. officials calling the oil purchases an "irritant" and a factor in the decision.