Trump Announces 25% Tariff on India under Trade Deal.

Trump Announces 25% Tariff on India under Trade Deal.

US President Donald Trump has announced the imposition of a 25% tariff on Indian imports as part of a new trade arrangement. The tariff is aimed at reducing the US trade deficit and protecting American industries from cheaper imports. Under the agreement, a wide range of Indian goods, including industrial and agricultural products, will face higher import costs. Officials said the move is intended to push for fairer trade practices and address long-standing trade imbalances. Indian authorities are expected to respond soon, as the tariff could impact export-driven businesses and increase prices for American consumers.

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