Categories: Estero

Donald Trump to hit India with 25% tariffs | BBC News


The US will impose 25% tariffs on goods imported from India "plus an unspecified penalty" for buying Russian energy and weapons, US President Donald Trump has said.

In a post on his Truth Social platform, he said the measures would take effect from from 1 August, the US deadline for a trade deal. He described India as a friend whose "tariffs are far too high, among the highest in the world”.

He also criticised India’s purchases of Russian military equipment and energy "when everyone wants Russia to STOP THE KILLING IN UKRAINE”.

There was no immediate response from India, which has been negotiating a trade deal with the US for months. Last year, the US had a trade deficit of $45.8bn (£26.1bn) with India.

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