Trump slaps 25% tariff on imports from India, ‘plus a penalty’; will secure national interest, says Commerce Ministry
Putting an end to months of speculation, U.S. President Donald Trump on Wednesday (July 30, 2025) announced that imports from India will attract 25% tariffs from August 1, “plus a penalty”, citing India’s purchases of energy and military equipment from Russia, its high tariffs, and its “strenuous and obnoxious” non-monetary barriers to trade. Hours later,…