Trump Announces 25% Tariff Plus Penalty on India; Says “Negotiations Ongoing”
Summary On July 30–31, 2025, U.S. President Donald Trump declared a 25% reciprocal tariff on imports from India, effective August 1, and hinted at an additional penalty tied to India’s energy and trade relationship with Russia and its role in BRICS. Trump characterized India as a friend but emphasized that its high tariffs and trade barriers…