 "Breaking News: The United States announced 25 percent of tariff, Trump")
The US President Donald Trump has announced to set up 25% tariff on the items that imported from India. This move is picked up after being consent to the trade agreement of India and the United States. Trump said that India puts a high tariff on American lines, in response to the “interactive tariff” in response. This tariff will apply from August 1, 2025. Now the conversation on this may resume again after the second week of August.
It can have a profound effect on Indian exports, especially in areas of automobile, pharmaceutical, and jewelry areas. The Government of India has started studying the decision and talked about exacerbating commercial conversations. Experts believe that the tariff can put pressure on India’s economy and rupees.
Trump had already indicated
Earlier, Donald Trump said that India could face up to 25% this week. On Tuesday, when reporters asked him to pay high tariffs, “Yes, I think.” Yes, I think. “
The United States had given India and some other countries a period of 1 August 1. It was said that they would be able to reach the trade agreement from the date or to face the extended tariff.
The conversation was going too late
For the last few months, Indians and American officials were talking on this trade agreement, but sometimes they looked optimistic and sometimes at alert mode. It was not clear when the compromise would be and what will happen.
When the Trump is asked what he expects in the potential deals, “he said,” India has been a good friend, but India has so far applied. ” He further said, “But now I am in charge, and it cannot proceed.”