Trump Tariffs LIVE: Trump Imposes 25% Tariff & Penalty, India Vows To "Secure National Interest"
India has responded to US President Donald Trump’s recent announcement of a 25 per cent tariff and an unspecified additional penalty on Indian imports starting August 1. Trump has cited Washington's trade deficit with New Delhi and India’s purchase of Russian oil. India stated that it is studying the implications of Trump’s move and will take steps to secure its national interest. It further added that it remains committed to negotiating a fair bilateral trade deal with the US, as it has done with the UK. India also emphasised that its focus is on protecting farmers, entrepreneurs, and micro, small, and medium enterprises. Meanwhile, just hours after the announcement, Trump said that negotiations with India on the trade matter were still underway.---
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