30
Jul
Washington D.C., July 30, 2025: In a sharp escalation of trade tensions, U.S. President Donald Trump has announced that India will face a new 25% tariff starting August 1, citing high tariffs, restrictive trade practices, and continued military and energy ties with Russia. In a social media post, Trump asserted that while India is considered a friend, it has imposed some of the world’s highest tariffs and maintains “strenuous and obnoxious” non-monetary trade barriers, limiting meaningful U.S.-India business engagements.The president also criticized India's longstanding purchase of military equipment from Russia and its role as one of Moscow's largest energy buyers,…