Trump Says US to Impose 25% Tariff on India from Aug 1

U.S. President Donald Trump said on Wednesday that United States will impose a 25% tariff on goods imported from India starting on Aug. 1.

Trump said India will also face an unspecified penalty on Aug. 1, but he did elaborate on the amount or what it was for.

"While India is our friend, we have, over the years, done relatively little business with them because their Tariffs are far too high, among the highest in the World, and they have the most strenuous and...

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