‘Trump frustrated with India trade talks…’: US...

added a post in Business

2025-07-30 15:57:17 -

‘Trump frustrated with India trade talks…’: US President feels 25% tariff will ‘remedy’ the situation, says adviser; additional penalty for Russia trade ‘shortly’

US President Trump, frustrated with stalled trade negotiations with India, has announced a 25% tariff on Indian goods starting August 1st. This decision stems from concerns over India's high tariffs, non-monetary trade barriers, and continued reliance on Russia for energy and military equipment.

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