25% tariff + penalty: How economists, experts reacted to Trump tariff on India
- Posted on July 30, 2025
- By Business News Today
- 1 Views

25% tariff + penalty: How economists, experts reacted to Trump tariff on India

Donald Trump declared a 25% tariff on Indian goods, effective August 1. Penalties are also expected for India's purchase of Russian arms and oil. This move jeopardizes the trade agreement talks between the two nations. Experts believe that the trade deal is still possible. They hope for a resolution, considering the strategic alignment between the U.S. and India.