Trump Slaps 25% Tariff on Indian Imports

U.S. President Donald Trump announced a 25% tariff on Indian goods, effective Friday, via a post on Truth Social. 

He also lambasted India for its military and energy partnerships with Russia.

He described India as a “friend” but accused the country of maintaining unfair trade practices that disadvantage U.S. businesses.

India has “strenuous and obnoxious” trade barriers that keep its markets closed to companies, he wrote, adding that its tariffs are “far too high.”

Trump also took aim at India’s relationship with Russia, saying: “They have always bought a vast majority of their military equipment from Russia, and are Russia’s largest buyer of ENERGY, along with China.

In addition to the new tariff, Trump said India would face a financial “penalty” for its purchases from Russia, though he did not provide further details.

dpa/NAN