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Will Take All Steps to Secure National Interest: India on Trump's Tariff Threat - The Statesman

INDIA, JUL 30 – India pledges to protect farmers and small businesses while continuing trade talks as US tariffs of 25% plus penalties begin August 1, with exports to US at 4% of GDP.

  • Starting August 1, 2025, the United States will impose a 25 percent tariff along with additional penalties on goods imported from India, as declared by President Donald Trump.
  • The tariff followed earlier trade tensions and was delayed from July 9 to August 1 after trade talks involving the US and other countries.
  • Trump justified the tariffs by citing a large US trade deficit with India and India’s purchases of Russian oil and military equipment amid the Ukraine conflict.
  • Trump criticized India for imposing some of the steepest tariffs globally and referred to their trade restrictions as particularly severe and objectionable.
  • India confirmed ongoing trade negotiations with the US to reach a fair agreement and vowed to protect national interests including farmers, entrepreneurs, and MSMEs.
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Social News XYZ broke the news in on Wednesday, July 30, 2025.
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