Trump imposes 25% tariffs on India amid trade tensions

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Source: NPR
Trump imposes 25% tariffs on India amid trade tensions
Photo: NPR
TL;DR Summary

President Trump announced that the U.S. will impose a 25% tariff on Indian goods starting August 1, after failed trade negotiations, citing high tariffs and trade barriers as reasons, and also plans to impose additional penalties related to India's trade with Russia, complicating efforts for a trade deal between the two countries.

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