Trump says that US will impose a 25% tariff to India from August 1

Trump says that US will impose a 25% tariff to India from August 1

US President Donald Trump said on Wednesday that his country will impose a 25% tariff to imported goods from India from August 1.

Trump said India will also face an unspecified sanction on August 1but did not detail the amount or what was due.

“While India is our friend, over the years we have made relatively few businesses with them because their tariffs are too high, among the highest in the world, And they have the most strenuous and hateful non -monetary commercial barriers of any country, “Trump wrote on their social truth platform.

“They have always bought a large majority of their military team from Russia, and they are the largest energy buyer in Russia, along with China, at a time when everyone wants Russia to stop killing in Ukraine- None of this is good!“He added.

The Indian Ministry of Commerce, which directs trade negotiations with Washington, did not respond immediately to a comment application