India-US Trade Deal: Trump slaps 25% tariff on India from August 1, cites high trade barriers and Russia ties
India-US Trade Deal: In a sharp escalation of trade rhetoric, US President Donald Trump on Wednesday announced a 25 per cent tariff on Indian goods, effective August 1, citing high tariffs, non-monetary trade barriers, and India’s ties with Russia. The announcement was made via a post on Trump’s social media platform, Truth Social, where he…