WEBDESK: The US President Donald Trump has announced a 25 per cent tariff on Indian goods. The new tariff will take effect from 1 August 2025. Trump made the announcement through a post on his social media account.
He also warned that if India refuses to pay the tariff, an additional penalty will be applied. Trump criticised India for charging the US high tariffs over the years. He said that this situation will not continue.
Trump made it clear that there will be no extensions on the deadline. “1st August is the final date,” he said. “There will be no further time given.”
In his statement, Trump also attacked India’s trade policies. He called India’s tariffs some of the highest in the world. He added that India creates serious trade barriers that make it hard for US companies to do business there.
Trump also targeted India’s defence and energy relations with Russia. He said India buys most of its military equipment from Russia and is a major buyer of Russian oil and gas along with China. He called these actions “not good”, especially during the ongoing war in Ukraine.
Read more: Trump eyes 25% tariffs for India in fresh blow to Modi’s global image
