Afghanistan, July 30 -- President Donald Trump announced a 25% tariff on Indian imports, citing stalled trade talks and criticizing India's tariff policies as unfair to American businesses.
Trade talks between the U.S. and India have stalled, with both sides unable to reach common ground on a new trade agreement, according to The Indian Express.
The U.S. is demanding duty-free access for American goods in Indian markets, while India insists tariffs on its exports to the U.S. should not exceed 15 percent.
Amid the deadlock, U.S. President Donald Trump announced on Tuesday, July 29, that his administration will impose a 25 percent tariff on Indian imports.
Speaking to reporters aboard his flight from Scotland to Washington, Trump stated, ...