Versuchen GOLD - Frei
Trump says US to impose 25% tariff on India from 1 August
Daily FT
|July 31, 2025
US President Donald Trump yesterday said the US will impose a 25% tariff on goods imported from India starting on 1 August, Reuters reported.
-

It quoted Trump as saying India, which has the world’s fifth largest economy, will also face an unspecified penalty on 1 August, but did not elaborate on the amount or what it was for.
“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,” Trump wrote in a Truth Social post.
"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's Commerce Ministry, which is leading trade negotiations with the US, did not immediately respond to a request for comment, Reuters said.
Diese Geschichte stammt aus der July 31, 2025-Ausgabe von Daily FT.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Daily FT

Daily FT
EUDR: What is it and what are its implications?
Sri Lankan rubber exporters to EU from pillar to post?
8 mins
October 13, 2025

Daily FT
'Hello Amma' empowers mothers to re-enter workforce
Holds first Return-to-Work workshop
2 mins
October 13, 2025
Daily FT
Bairaha's 'THIRD EYE' App for visually impaired secures multiple wins at SLIM Digis 2.5
BAIRAHA Farms PLC claimed victory at the recent SLIM Digis 2.5, which took place at the Monarch Imperial, Sri Jayawardenepura Kotte.
1 min
October 13, 2025
Daily FT
Union Assurance pioneers digitisation of Advisor Life Cycle Management
UNION Assurance has set a new industry benchmark by becoming the first to fully digitise the Advisor Life Cycle Management process.
1 min
October 13, 2025

Daily FT
Sumathi IT introduces Sri Lanka's first DJI Dock 3 - boost public safety, infrastructure, and enterprise
SUMATHI Information Technologies Ltd., Geospatial Engineering Solutions provider and a subsidiary of Sumathi Holdings Ltd., unveiled the country’s first-ever DJI Dock 3 at The View — Waters Edge, with over 180 representatives from multiple Government and business sectors attending the event.
2 mins
October 13, 2025
Daily FT
BASL outraged over Police assault on lawyer inside Court
THE Bar Association of Sri Lanka (BASL) has expressed deep concern and outrage over the assault of an attorney-at-law by a Police officer within the Mount Lavinia Court premises, calling the incident “inexplicable” and urging the Inspector General of Police (IGP) to ensure such acts do not recur.
1 min
October 13, 2025
Daily FT
Islamic Finance Forum of South Asia celebrates decade of excellence
THE Islamic Finance Forum of South Asia (IFFSA) marked a landmark celebration this year, bringing together industry leaders, policymakers, and practitioners for its 10th edition at Shangri-La Colombo.
3 mins
October 13, 2025

Daily FT
Muslim politics and culture: Disturbing symbiosis
SINCE 1980s when Sri Lanka Muslim Congress (SLMC) entered the country’s political arena Muslim politics and Muslim culture began to develop a symbiotic relationship to strengthen the community's identity politics.
5 mins
October 13, 2025

Daily FT
New Companies Act requires full disclosure of beneficial owners amidst enforcement challenges
TARGETING hidden wealth, the new amendments to the Companies Act demands full disclosure of beneficial ownership, but secrecy and complex offshore structures will make enforcement difficult, said a panel of industry experts and stakeholders recently.
2 mins
October 13, 2025
Daily FT
ICCSL webinar empowers taxpayers as tax filing deadline draws closer
AS the closing date for filing income tax returns draws closer (on or before 30 November), taxpayers, auditors, and consultants are working against the clock to finalise their computations.
2 mins
October 13, 2025
Listen
Translate
Change font size