Former Union Home Minister and senior Congress leader P Chidambaram on Thursday took a veiled dig at Prime Minister Narendra Modi and said that the 25 per cent tariff on all Indian exports to the United States and penalty for buying Russian oil is a "big blow" to India's trade with the US
"President Trump criticises India strongly. He imposes penalties on India for trading with Russia. He sanctions Indian companies for trading with Iran," Ramesh, Congress (General Secretary) incharge of Communications, posted on X.
Trump further warned that Deputy Chair of the Security Council of Russia and former Russian President Dmitry Medvedev should watch his words and not enter the dangerous territory.
Indian stock markets opened sharply lower on Thursday, witnessing a major sell-off after US President Donald Trump announced a 25 per cent tariff on Indian goods, along with penalties on purchases of Russian crude and defence equipment.
After announcing a 25 per cent tariff and penalties for purchasing Russian oil, he emphasised that India is one of the countries imposing high tariffs on the US.
In response to ANI, if the US remains open to negotiating with India on the tariff front, Trump stated, "We're talking to them now. We'll see what happens.
The 25 per cent tariff and additional penalties imposed by US President Donald Trump on India should be viewed as a temporary negotiating tool rather than a permanent shift in trade relations, according to Gaurav Sansanwal, Fellow for the Chair on India and Emerging Asia Economics at the
Speaking on Trump's announcement of a 25 per cent tariff plus additional penalties on India, set to take effect August 1, Vickery described the move as part of the US President's typical pattern of generating bilateral pressure and chaos to eventually claim credit for resolving a crisis o
President Donald Trump's threat to impose 25 per cent tariffs on India should be seen as a negotiating tactic rather than a fundamental shift in US-India relations, according to former US Assistant Secretary of State Nisha Biswal.
In response to ANI, if the US remains open to negotiating with India on the tariff front, Trump stated, "We're talking to them now. We'll see what happens. Again, India was the highest or just about the highest tariff nation in the world, one of the highest, 100 points, 150 points or perc
US President Donald Trump today, in a social media post on his Truth Social Account, announced 25 per cent tariffs on India starting August 1. Trump also said India will face additional penalties for purchasing oil from Russia.