New Delhi, July 31 -- Congress MP Shashi Tharoor on Thursday noted the impact of the 25 per cent tariff announced by US President Donald Trump on the Indian economy and termed the matter very "serious", which will "destroy" India's trade with America.

On the US President Trump's dead economy remark, Congress MP Shashi Tharoor told ANI, "It's a very serious matter for us... 25, plus an unspecified penalty for our buying oil and gas from Russia, it could take it up to 35-45... There's even talk of a 100% penalty, which will destroy our trade with America... The trade negotiations are underway, and there is a possibility that it may come down. If it doesn't, it will damage our exports, because America is a very big market for us...

The Con...