In a post on X, the Congress party stated, "Trump has imposed a 25% tariff on India, along with a penalty. The country is paying the price for Narendra Modi's 'friendship.'"
"Certainly, the Government of India will take cognisance of it. We have to wait and watch how the Government of India reacts to it. In my personal opinion, it is unfortunate." BJP leader Praveen Khandelwal said
Minutes after Donald Trump announced that India will have to pay, starting August 1, a 25 per cent tariff including an additional penalty for buying energy and arms from Russia, Congress leader Jairam Ramesh hit out at the government, saying all the praise by Prime Minister Narendra Modi
"Also, they have always bought a vast majority of their military equipment from Russia, and are Russia's largest buyer of ENERGY, along with China, at a time when everyone wants Russia to STOP THE KILLING IN UKRAINE - ALL THINGS NOT GOOD! INDIA WILL THEREFORE BE PAYING A TARIFF OF 25%, PL
Yadav stated that the Indian leadership appears to have surrendered to Trump's demands, lacking the courage to call out the US president for potential falsehoods.
US President Donald Trump on Wednesday hinted at reaching a new trade deal with India soon. While adding "maybe", he said that currently the US is in negotiations with India.
Trump said the US will now impose a 19 per cent tariff on Indonesian imports, down from the earlier proposed 32 per cent. The agreement comes after Trump held talks with Indonesian President Prabowo Subianto.
A day after Donald Trump announced reciprocal tariffs on 14 countries, two days ahead of his deadline day of July 9, the US President on Tuesday (local time) stated that his administration will be revealing a minimum of seven countries that the US will do trade with on Wednesday morning (
Trump alleged the BRICS group is working to weaken the US dollar. During a Cabinet meeting under his leadership, Trump issued a stern warning, stating, "They will certainly have to pay 10% if they are in BRICS because BRICS was set up to hurt us, to degenerate our dollar..."
US President Donald Trump announced that tariffs will start being paid from August 1, 2025, with no extensions allowed. He confirmed that all related payments will be due from that date as stated in letters sent to various countries.