Trump imposes 25% tariff on Indian exports, announces penalty over Russian arms and oil imports

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Donald Trump will impose a 25% tariff on Indian exports from August 1, 2025. He cites the absence of a trade agreement and India’s ties with Russia. Trump criticises India’s high tariffs and barriers. He also signals a penalty for India’s continued import of Russian oil and military equipment.

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Trump imposes 25% tariff on Indian exports, announces penalty over Russian arms and oil imports

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