Trump Announces 25% Tariffs on India
U.S. President Donald Trump announced on Wednesday that the United States will impose a 25% tariff on imports from India, effective August 1.
The decision is expected to significantly impact bilateral trade relations and potentially trigger retaliatory measures from New Delhi.
The announcement, made via Trump's social media platform Truth Social, cited India's 'excessively high tariffs' and non-tariff barriers as reasons for the escalation. While he acknowledged India as a "friend," Trump criticized the imbalance in trade and expressed frustration over India's strong defense and energy ties with Russia.
'Despite being our friend, India has imposed some of the highest tariffs in the world for years. They also purchase most of their military equipment from Russia and are one of the biggest importers of Russian energy. That's not good while the world wants Russia to stop killing in Ukraine,' Trump wrote.
Trump's tariff decision threatens to unravel recent progress in U.S.–India trade negotiations. Both sides had been edging closer to a limited trade agreement, with multiple rounds of talks addressing key sticking points, particularly U.S. demands for greater market access for agricultural and dairy exports.
Indian negotiators had expressed deep concerns over the potential social and economic impacts of opening domestic markets to genetically modified corn, soybeans, wheat, and rice, arguing that such moves could destabilize the livelihoods of millions of small farmers.
Impact on Indian Exports
India exported approximately $87 billion worth of goods to the U.S. in 2024, a large portion of which include labor-intensive products such as pharmaceuticals, textiles, gems, and petrochemicals. Analysts warn the new tariffs could disrupt supply chains and threaten Indian export competitiveness, especially for small- and medium-sized manufacturers.
The U.S. currently runs a $45.7 billion trade deficit with India, which could be partially offset by the incoming tariffs, part of what Trump calls his 'Trade Liberation Day' strategy, aimed at reshaping global trade norms through stricter reciprocity.
India is reportedly considering its own countermeasures should the tariff policy be enforced. The South Asian giant imported $42 billion worth of U.S. goods in 2024, including LNG, crude oil, coal, and industrial machinery, sectors that could be vulnerable to retaliatory tariffs or regulatory restrictions.
Despite their strategic alignment on countering China's growing influence, Indian officials have emphasized their intent to maintain policy sovereignty on issues such as agriculture, digital data governance, and state subsidies.
The tariff announcement also casts doubt on a prior commitment made by Trump and Indian Prime Minister Narendra Modi to reach a Phase One trade deal by Fall 2025 and expand bilateral trade to $500 billion by 2030, a significant leap from $191 billion in 2024.
Analysts believe that unless a breakthrough is achieved quickly, India may become the latest casualty in Trump's broader tariff-centered trade doctrine, joining a list that already includes China, Mexico, and the EU.
read more
CBE: Deposits in Local Currency Hit EGP 5.25 Trillion
Morocco Plans to Spend $1 Billion to Mitigate Drought Effect
Gov't Approves Final Version of State Ownership Policy Document
Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister
Qatar Agrees to Supply Germany with LNG for 15 Years
Business
Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves
Business
Suez Canal Records $704 Million, Historically Highest Monthly Revenue
Business
Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday
Business
Wheat delivery season commences on April 15
News
Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters
Arts & Culture
"Jurassic World Rebirth" Gets Streaming Date
News
China Launches Largest Ever Aircraft Carrier
News
Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia
Videos & Features
Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall
Business
Egyptian Pound Undervalued by 30%, Says Goldman Sachs
Lifestyle
Get to Know 2025 Eid Al Adha Prayer Times in Egypt
Arts & Culture
South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle
Arts & Culture
Lebanese Media: Fayrouz Collapses after Death of Ziad Rahbani
Sports
Get to Know 2025 WWE Evolution Results
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
See - Sada Elbalad
5 hours ago
- See - Sada Elbalad
Russia's Kraschennikov Volcano Erupts for 1st Time in 600 Years
Rana Atef Kraschennikov Volcano, in Kamchatka Peninsula in far eastern Russia, erupted for the first time in 600 years. This marks a rare geological event that may be linked to the powerful earthquake that struck the region last week, according to Russian media outlets on Sunday. 🚨 KAMCHATKA'S ANCIENT VOLCANO AWAKENS AFTER 500 YEARS The Krasheninnikov volcano erupted on August 3, sending 5-6 km ash plumes over Kamchatka Last active in the 15th century, its ash now spreads 75 km east, threatening air traffic — Sputnik (@SputnikInt) August 3, 2025 Olga Gerina, head of the Kamchatka Volcano Response Team, stated, 'This is the first historically confirmed eruption of the Kraschennikov Volcano in six centuries.' She added that the volcanic activity may have been influenced by the earthquake that occurred last Wednesday, which also triggered tsunami warnings in distant areas like French Polynesia and Chile. Russian authorities also noted that the eruption was followed by increased activity at the Klyuchevskoy Volcano, the most active volcano in Kamchatka. The Russian Ministry of Emergency Situations reported that an ash plume rose to a height of 6,000 meters into the sky. They also mentioned that the Kraschennikov Volcano, which stands at 1,856 meters tall, had its activity classified at the "orange level" for aviation, signaling a potential danger to air traffic in the region. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters Arts & Culture "Jurassic World Rebirth" Gets Streaming Date News China Launches Largest Ever Aircraft Carrier News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia Business Egyptian Pound Undervalued by 30%, Says Goldman Sachs Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle Arts & Culture Lebanese Media: Fayrouz Collapses after Death of Ziad Rahbani Sports Get to Know 2025 WWE Evolution Results
Al-Ahram Weekly
5 hours ago
- Al-Ahram Weekly
Former Fox News host confirmed as top Washington prosecutor - International
The US Senate on Saturday confirmed former television personality and judge Jeanine Pirro to a key US judiciary post, making her the latest Donald Trump-nominated Fox News host to join the government. Pirro was confirmed to become the US Attorney for the District of Columbia in a 50-45 vote, as Trump urged the Republican-led Senate to work through the weekend to approve his nominations over six months after he returned to the White House. Related Trump plays golf in Scotland as protesters rally Pirro was named to the position in an interim capacity by Trump -- who has made a habit of filling powerful government posts with right-wing television network hosts and hardline loyalists -- in May. The brash 74-year-old former district attorney of New York's Westchester County was previously described by Trump as being "in a class by herself." She made a name for herself hosting weekend television show "Judge Jeanine Pirro" (2008-2011) and then Fox News Channel's "Justice with Judge Jeanine," which ran for 11 years. She was a co-host of Fox News's show "The Five" until she assumed her interim post, considered one of the most powerful US attorney roles. Pirro will join the ranks of other cable news hires like Defense Secretary Pete Hegseth, who co-hosted "Fox & Friends Weekend," and Transportation Secretary Sean Duffy, a former reality TV show competitor and Fox Business co-host. Dick Durbin, the top Democrat on the Senate's Judiciary Committee, said Pirro "should never be a permanent US Attorney," calling her pick a "rubber stamp for Donald Trump." Durbin cited Pirro's promotion of conspiracy theories in relation to the 2020 election, which Trump lost to Joe Biden. After touting unfounded allegations of election fraud in 2020, Pirro was named a defendant in a defamation lawsuit filed by Dominion Voting Systems, which said Fox broadcast false statements about the company. Fox News settled the case for nearly $800 million. She has also authored several books, including "Liars, Leakers, and Liberals: The Case Against the Anti-Trump Conspiracy," from 2018. The Washington Post described the book as "sycophantic" in its support for Trump. Her ex-husband Albert Pirro was convicted of tax evasion when she was a district attorney in New York. He was pardoned by Trump during his first presidential term. As part of the spate of expedited confirmation votes, Trump's former lawyer Emil Bove became a federal appellate judge last week. Follow us on: Facebook Instagram Whatsapp Short link:
Egypt Independent
7 hours ago
- Egypt Independent
The Trump administration takes a very Orwellian turn
Back in March, President Donald Trump signed an executive order targeted at the Smithsonian Institution that began as follows: 'Over the past decade, Americans have witnessed a concerted and widespread effort to rewrite our Nation's history, replacing objective facts with a distorted narrative driven by ideology rather than truth.' Despite the high-minded rhetoric, many worried the order was instead a thinly veiled effort to rewrite history more to Trump's liking. The order, for example, cited a desire to remove 'improper ideology' – an ominous phrase, if there ever was one – from properties like the Smithsonian. Those concerns were certainly bolstered this week. We learned that some historical information that recently vanished from the Smithsonian just so happens to have been objective history that Trump really dislikes: a reference to his two impeachments. The Smithsonian said that a board containing the information was removed from the National Museum of American History last month after a review of the museum's 'legacy content.' The board had been placed in front of an existing impeachment exhibit in September 2021. Just to drive this home: The exhibit itself is about 'Limits of Presidential Power.' And suddenly examples of the biggest efforts by Congress to limit Trump's were gone. The Impeachment exhibit in the 'Limits of Presidential Power' section within 'The American Presidency: A Glorious Burden' exhibition inside the Smithsonian's National Museum of American History, after the museum removed explicit reference to President Donald Trump. Annabelle Gordon/Reuters It wasn't immediately clear that the board was removed pursuant to Trump's executive order. The Washington Post, which broke the news, reported that a source said the content review came after pressure from the White House to remove an art museum director. In other words, we don't know all the details of precisely how this went down – including whether the removal was specifically requested, or whether museum officials decided it might be a good way to placate Trump amid pressure. The Smithsonian said in a statement Saturday that it was 'not asked by any administration' or government official to remove content and that an updated version of the exhibit will ultimately mention all impeachment efforts, including Trump's. But it's all pretty Orwellian. And it's not the only example. Trump has always been rather blatant about his efforts to rewrite history with self-serving falsehoods and rather shameless in applying pressure on the people who would serve as impartial referees of the current narrative. But this week has taken things to another level. On Friday, Trump fired the commissioner of the Bureau of Labor Statistics. This came just hours after that agency delivered Trump some very bad news: the worst non-Covid three-month jobs numbers since 2010. Some Trump allies have attempted to put a good face on this, arguing that Dr. Erika McEntarfer's removal was warranted because large revisions in the job numbers betrayed shoddy work. But as he did with the firing of then-FBI Director James B. Comey eight years ago, Trump quickly undermined all that. He told Newsmax that 'we fired her because we didn't believe the numbers today.' To the extent Trump did lay out an actual evidence-based case for firing McEntarfer, that evidence was conspiratorial and wrong, as CNN's Daniel Dale documented Friday. And even some Republican senators acknowledged this might be precisely as draconian and self-serving as it looked. Sen. Cynthia Lummis of Wyoming, for one, called it 'kind of impetuous' to fire the BLS head before finding out whether the new numbers were actually wrong. 'It's not the statistician's fault if the numbers are accurate and that they're not what the president had hoped for,' said Lummis, who is not often a Trump critic. Recruiters and job seekers speak during a job fair hosted by the Cook County government to support federal workers in Chicago, Illinois, on Thursday, June 26, 2025. Jamie Kelter Davis/Bloomberg/Getty Images Sen. Thom Tillis of North Carolina added that if Trump 'just did it because they didn't like the numbers, they ought to grow up.' Sens. Rand Paul of Kentucky and Lisa Murkowski of Alaska both worried that Trump's move would make it so people can't trust the data the administration is putting out. And that's the real problem here. It's not so much that Trump appears to be firing someone as retaliation; it's the message it sends to everyone else in a similar position. The message is that you might want that data and those conclusions to be to Trump's liking, or else. It's a recipe for getting plenty of unreliable data and conclusions. And even to the extent that information is solid, it will seed suspicions about the books having been cooked – both among regular Americans and, crucially, among those making key decisions that impact the economy. What happens if the next jobs report is great? Will the markets believe it? We've certainly seen plenty of rather blunt Trump efforts to control such narratives and rewrite history before. A sampling: All of it reinforces the idea that Trump is trying to consolidate power by pursuing rather heavy-handed and blatant tactics. But if there's a week that really drove home how blunt these efforts can be, it might be this one.
