WASHINGTON, D.C. — President Donald Trump has announced a 25% tariff on imports from India, escalating trade tensions between the United States and one of its key economic partners.
The tariff, accompanied by an unspecified penalty, is aimed at addressing what the administration describes as persistent trade imbalances.
India, a major trading partner of the U.S., exported a wide range of goods in 2024, including pharmaceuticals, textiles, machinery, and information technology services. The newly imposed tariff threatens to impact these sectors, increasing costs for U.S. importers and potentially disrupting supply chains.
While U.S. officials argue the measure supports American manufacturers and addresses unfair trade practices, the move has drawn criticism from several economic stakeholders.
Indian government officials have expressed concern over the new policy but have not yet announced a formal response.
No specific timeline has been given for the enforcement of the penalty accompanying the tariff. Further clarification is expected from U.S. trade officials in the coming days.