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Substantial hike in levy in 24 hours, says Trump
The New Indian Express Villupuram
|August 06, 2025
A day after India launched a blistering counterattack on the repeated targeting by Washington for its trade ties with Moscow, US President Trump on Tuesday doubled down on his threat to raise tariffs on Indian goods "very substantially" in the next 24 hours.
Last week, Trump had announced a 25% tariff on Indian goods plus an unspecified penalty tied to India's trade with Russia. This, he said, would go up because India was not listening to his advice to stop buying oil from Russia. India has categorically clarified that it will, like any major economy, take all necessary measures to safeguard its national interes
This story is from the August 06, 2025 edition of The New Indian Express Villupuram.
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