US President Donald Trump has announced new 25% import duties on Indian goods, escalating trade tensions. The move comes amid ongoing trade negotiations between both nations. More details awaited as this developing story unfolds
The US will impose 25% tariffs on Indian imports from August 1, as Trump calls India “friendly” but slams its trade policies and Russia dealings. India defends its energy purchases as economically vital, risking further trade tensions between the two nations.
Focusing on the role of business in New Delhi’s foreign policy, External Affairs Minister Subrahmanyam Jaishankar on Saturday said that the trade relations between India and the United States are being taken for granted today but the same was not the case earlier.
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