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President Trump imposes 25% tariffs on Indian imports starting August 1, escalating trade tensions.
US President Trump imposed 25% tariffs on imports from India, effective August 1, with additional unspecified penalties, amid stalled trade talks.
Industry leaders worry about impacts on sectors like pharmaceuticals and gems, but experts see it as an opportunity for India to diversify trade through new Free Trade Agreements with countries like the UK and Australia.
The move comes after India rejected US demands to open its agriculture and dairy sectors.
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El presidente Trump impone tarifas del 25% a las importaciones indias a partir del 1 de agosto, aumentando las tensiones comerciales.