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U.S. President announced a 25% tariff on Indian imports

U.S. President announced a 25% tariff on Indian imports:

U.S. President announced a 25% tariff on Indian imports effective August 1, 2025, citing high trade barriers and India’s continued energy and defence ties with Russia.The announcement includes a Russia-related penalty, linked to the proposed Russian Sanctions Act 2025.A 25% import tariff on all eligible goods shipped from India to the U.S. Additional penalty tariffs for India’s continued oil and defence trade with Russia.