New Delhi, July 30 -- US President Donald Trump announced a 25 per cent tariff on India, citing high duties and non-monetary trade barriers. He criticised India's military purchases from Russia, while imposing a penalty and stated that the tariff would take effect from August 1 onwards.
In a post on his Truth Social handle, Trump wrote, "Remember, while India is our friend, we have, over the years, done relatively little business with them because their Tariffs are far too high, among the highest in the World, and they have the most strenuous and obnoxious non-monetary Trade Barriers of any Country."
He highlighted that India buys military equipment and oil from Russia, the country that has enabled the war in Ukraine, according to Trump...
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