HomeEnglish NewsBusinessUS imposes 25% tariff on India, will be effective from August 1

US imposes 25% tariff on India, will be effective from August 1

US President Donald Trump on Wednesday announced to impose a 25% tariff on India from August 1. He posted on social media that India is buying weapons and oil from Russia, so a fine will also be imposed on it. India is a friend of America, but America has done less trade with it in the last few years.

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