Trump’s Tariffs on India LIVE: ‘Govt will take all steps necessary’, says New Delhi as Trump imposes 25% tariffs

Trump Tariffs Announcement Today LIVE: Donald Trump, on Wednesday, announced a 25 per cent tariff on Indian goods starting August 1, and criticised India’s military purchases from Russia.

In a fiery post on Truth Social, Donald Trump said that while India is a “friend”, it has imposed some of the “highest tariffs” on the United States and maintained “obnoxious” non-monetary trade barriers.

The announcement comes after a slew of negotiated trade frameworks with the European Union, Japan, the Philippines and Indonesia — all of which Trump said would open markets for American goods while enabling the US to raise tax rates on imports.

Donald Trump’s 25% tariff announcement was met with strong criticism from Opposition leaders. Indian trade bodies have also voiced disappointment, with leaders in India’s gems and jewellery sector warning of short-term disruptions, job losses, and higher prices for US buyers, reported ANI.

Catch the latest updates here