Just hours before his August 1 trade deadline, U.S. President Donald Trump delivered a “second tariff bombshell” against India, announcing that India will face a 25% tariff on all exports to the United States—plus an additional, yet-unspecified penalty. Trump made the remarks at the bill signing ceremony on July 30, 2025, pointedly criticizing India’s high tariffs, non-monetary trade barriers, and continued imports of Russian oil and military equipment. Trump cited India’s participation in the BRICS bloc as one reason for the escalated tariffs. Watch for more
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