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Trump takes tariff war on India to new level; Total duty now 50% after New Delhi exposes hypocrisy

Published on Aug 06, 2025 10:57 pm IST

U.S. President Donald Trump has imposed an additional 25% tariff on Indian goods, citing New Delhi's continued Russian oil imports. This comes on top of a previous tariff round, further straining bilateral trade. India’s Ministry of External Affairs hit back, calling out U.S. and EU hypocrisy on Russia. Despite mounting tensions, the RBI held India’s GDP forecast at 6.5%, maintaining confidence in economic stability.

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