U.S. President Donald Trump announced on his social media platform, Truth Social, that starting August 1, a 25% tariff will be imposed on Indian goods entering the American market. While calling India a “friendly nation,” Trump expressed concerns over India’s trade relations with Russia and China and cited high tariffs on American products in India as justification. He also mentioned an additional unspecified fine on India but did not provide further details.
Starting August 1, India will impose a 25% tariff on the United States. This announcement was made by U.S. President Donald Trump on his social media platform, Truth Social.
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