- Title: FILE: Trump says US to impose 25% tariff on India from August 1
- Date: 30th July 2025
- Summary: MANDI GOBINDGARH, PUNJAB, INDIA (FILE - OCTOBER 19, 2024) (REUTERS) INDIAN FLAG FLUTTERING AT STEEL PRODUCTION FACTORY MACHINE RELEASING METAL SCRAP IN FURNACE WORKER AT FACTORY/MACHINE EJECTING RED-HOT TMT BAR WORKERS STANDING NEAR MACHINE/WORKER MOVING RED-HOT TMT BAR WORKERS STACKING PILE OF BARS WORKERS LOADING TMT BARS IN TRUCK TRUCK CARRYING TMT BARS MOVING MANESAR,
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- Keywords: Darjeeling Dholka Dibrugarh Donald Trump Gandhinagar Gujarat India Indian Prime Minister Mandi Gobindgarh Maruti Suzuki Narendra Modi Surana Surat US US President Visakhapatnam West Bengal automobile deal dollars factories industries losses manufacturing sanctions shrimp steel tariffs trade trade deal trade ministry trade war
- Location: VARIOUS LOCATIONS
- City: VARIOUS LOCATIONS
- Country: India
- Topics: Asia / Pacific,Government/Politics,International Trade
- Reuters ID: LVA001375930072025RP1
- Aspect Ratio: 16:9
- Story Text: U.S. President Donald Trump said on Wednesday (July 30) the United States will impose a 25% tariff on goods imported from India starting on August 1.
He said India, which has the world's fifth largest economy, will also face an unspecified penalty on August 1, but did not elaborate on the amount or what it was for.
"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 in a Truth Social post.
India's commerce ministry, which is leading the trade negotiations with the United States, did not immediately respond to a request for comment.
Trump's decision dashes hopes of a limited trade agreement between the two countries, which had been under negotiation for several months.
U.S. and Indian trade negotiators had held multiple rounds of discussions to resolve contentious issues, particularly over market access for American agricultural and dairy products.
Despite progress in some areas, Indian officials resisted opening the domestic market to imports of wheat, corn, rice and genetically modified soybeans, citing risks to the livelihood of millions of Indian farmers.
The new tariffs are expected to impact India’s goods exports to the U.S., estimated at around $87 billion in 2024, including labor-intensive products such as garments, pharmaceuticals, gems and jewellery, and petrochemicals.
The United States currently has a $45.7 billion trade deficit with India.
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