“Remember, while India is our friend, we have, over the years, done relatively little business with them because their Tariffs are far too high, among the highest in the World, and they have the most strenuous and obnoxious non-monetary Trade Barriers of any Country,” Trump wrote on Truth Social.
onsdag 30. juli 2025
Trump plans to impose a Russia ‘penalty’ on India in addition to a 25% tariff as trade talks stall
President Donald Trump is ratcheting up the pressure on India, calling into question the prospects of a deal with a key US trading partner just days before his tariff deadline. Trump, in a pair of social media posts Wednesday, sharply attacked India’s trade barriers and directly targeted India’s sustained reliance on Russian oil purchases and military equipment. He doubled down on his threat to impose 25% tariffs on all Indian imports and threatened an additional “penalty” in response to India’s energy purchases.
“Remember, while India is our friend, we have, over the years, done relatively little business with them because their Tariffs are far too high, among the highest in the World, and they have the most strenuous and obnoxious non-monetary Trade Barriers of any Country,” Trump wrote on Truth Social.
“Remember, while India is our friend, we have, over the years, done relatively little business with them because their Tariffs are far too high, among the highest in the World, and they have the most strenuous and obnoxious non-monetary Trade Barriers of any Country,” Trump wrote on Truth Social.