US EditionTrump threatens India with tariffs as high as 25%
UNITED STATES, JUL 29 – India may face temporary tariffs of 20% to 25% on some exports as trade talks continue ahead of an August 1 deadline, with hopes for a comprehensive deal by fall.
- On Tuesday, President Donald Trump threatened tariffs as high as 25% on Indian imports before the August 1 deadline, signaling possible trade escalation.
- Amid paused duties, New Delhi resisted fresh concessions after Trump imposed 26% tariffs on April 2 this year and suspended them until August 1.
- Last week, the sides concluded a fifth round of talks in Washington, and US Trade Representative Jamieson Greer said negotiations need more effort as Trump favors good deals.
- Planning the next round, US negotiators head to New Delhi, and the US administration will notify 200 countries soon of their new "world tariff" rate.
- New Delhi plans to host a US trade delegation on August 25, with negotiations expected to continue into September or October.
100 Articles
100 Articles
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