📰 News Update: U.S. Imposes 25% Tariffs on India from August 1
On July 30, 2025, President Donald Trump formally announced a 25 % tariff on Indian imports starting August 1, along with additional sanctions tied to India's continued purchases of Russian oil and military equipment. While stating that India remains a “friend,” Trump criticized its high tariffs on U.S. goods and trade barriers. The move escalates trade tension and could disrupt bilateral economic engagement, as India races to finalize a deal ahead of the deadline. Markets may react as export sectors brace for the impact.
