U.S. President Donald Trump announced a 25% tariff on India effective August 1st and indicated an additional penalty related to India’s energy purchases from Russia. President Trump via Truth Social, July 30, 2025 at 8:09am EDT:
In a quick series of subsequent posts, just minutes thereafter, Trump wrote, “THE AUGUST FIRST DEADLINE IS THE AUGUST FIRST DEADLINE — IT STANDS STRONG, AND WILL NOT BE EXTENDED. A BIG DAY FOR AMERICA!!!… AUGUST FIRST, A GREAT DAY FOR AMERICA!!!… WE HAVE A MASSIVE TRADE DEFICIT WITH INDIA!!!” Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. The post President Trump says he will levy 25% import tariff on India starting August 1st appeared first on MacDailyNews. Invite your friends and earn rewardsIf you enjoy MacDailyNews, share it with your friends and earn rewards when they subscribe. |
Wednesday, July 30, 2025
President Trump says he will levy 25% import tariff on India starting August 1st
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