US President Donald Trump has announced that he will impose duties of 25% on imports of Indian goods from August 1 and hinted at possible penalties due to India's energy purchases from Russia.

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President Trump announced that the US will impose a 25% duty on imports of goods from India starting August 1. He also warned that he may impose fines because of energy purchases from Russia. In a post on his Truth Social media page, Trump noted that India's trade duties are "among the highest in the world" and accused the country of applying "the most onerous and outrageous non-tariff trade barriers."

"Furthermore, they have always purchased the vast majority of their military equipment from Russia and are the largest purchasers of RUSSIAN ENERGY along with China - at a time when the entire world is demanding that Russia PREVENT KILLINGS IN UKRAINE," Trump wrote. - THEREFORE INDIA WILL BE SUBJECT TO A 25% DUTY PLUS A PENALTY FOR THE ABOVE, EFFECTIVE AUGUST 1ST."

The new duties dash New Delhi's hopes to negotiate special tariff terms with Washington compared to other countries in the region, emphasizes Bloomberg. Moreover, India was one of the first countries to enter into trade negotiations with the United States after Prime Minister Narendra Modi's visit to the White House in February. For most of the year, the Indian government made concessions in talks with Trump, but in recent weeks India's position has hardened - the dialog has stalled amid sharp disagreements on agricultural issues.

Nevertheless, the country's authorities are not giving up on the dialog and expect to resume talks with the U.S. and conclude a bilateral trade agreement in the fall, Bloomberg reports. The U.S. market remains key for India - the U.S. is its largest trading partner and main export destination, the agency notes. Bilateral trade reached $127.9 billion in 2024.


This article was AI-translated and verified by a human editor

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