Trump announces 25% tariff on India and unspecified penalties for buying Russian oil
Source: AP
By JOSH BOAK and RAJESH ROY
Updated 8:59 AM CDT, July 30, 2025
WASHINGTON (AP) President Donald Trump said Wednesday that hell impose a 25% tariff on goods from India, plus an additional import tax because of Indias purchasing of Russian oil.
Trump said on his Truth Social platform that India is our friend but its Tariffs are far too high on U.S. goods.
The Republican president added that India buys military equipment and oil from Russia, which he said has enabled the war in Ukraine. As a result, he intends to charge an additional penalty starting on Friday as part of the launch of his administrations revised tariffs on multiple countries.
The new tariffs could put India at a disadvantage in the U.S. market relative to Vietnam, Bangladesh and, possibly, China, said Ajay Sahai, director general of the Federation of Indian Export Organisations.
Read more: https://apnews.com/article/trump-tariffs-russia-india-9e388a55583e7007149819c52f0fd71b

ImNotGod
(900 posts)and I'm all for punishing any country who's helping russia but taco promises are rarely kept.
ProudMNDemocrat
(19,969 posts)I do not think she is going to like having to pay an additional 25% TAX on her orders. She orders up to 100 skirts at a time every 3 months or so. Some months, she sells upwards to 50 skirts that she charges $30 USD plus $11.50 shipping via USPS Priority Mail.
mdbl
(7,029 posts)ProudMNDemocrat
(19,969 posts)Gowns made from Silk Brocade can run up in pric of the client requests it.
Vinca
(52,458 posts)the generic versions of many drugs we take and the U.S. is India's biggest customer.
BigmanPigman
(53,408 posts)that generate from India. Modi won't like that since he gets kickbacks/bribes and more money into his country's economy. After I was scammed over a year ago I did extensive research and this is really happening and our govt can't do shit and Modi WON'T do shit since if benefits him in the long run.