“India’s tariffs are among the highest in the world, and their non-monetary trade barriers are the most strenuous and obnoxious of any country,” Trump wrote on Truth Social today. He also criticised India’s longstanding dependence on Russian military equipment and energy imports, stating this goes against global efforts to pressure Moscow to end the war in Ukraine.
The move signals a sharp escalation in trade tensions between the US and India, with Trump stating that despite friendly ties, "we have done relatively little business with them over the years" due to such hurdles.
This announcement comes ahead of a critical August 1 deadline previously mentioned by the US administration for tariff adjustments on countries without bilateral trade deals.
ALCHEMPro News Desk (KD)
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