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Trump Imposes 25% Tariffs On India,- Plus 'Penalty' For Trade With Russia

People buy goods at a market in Srinagar, Jammu and Kashmir, on July 31, 2025. United States President Donald Trump announces a 25 percent tariff on Indian goods, as well as an unspecified penalty for the country's purchase of Russian oil and military equipment. Posting on his Truth Social platform, he states the measures take effect from August 1, the US deadline for a trade deal. He describes India as a friend whose ''tariffs are far too high, among the highest in the world''. (Photo by Firdous Nazir/NurPhoto)

Photo Details

Photo ID	#12601046
Date Taken	31 July 2025
Location	N/A
Photographer	Firdous Nazir/NurPhoto
Category	Economy, Business and Finance
Copyright	© 2025 NurPhoto - Firdous Nazir/NurPhoto

Related Keywords

Srinagar Jammu and Kashmir market July 31 2025 United States President Donald Trump 25 percent tariff Indian goods penalty Russian oil military equipment Truth Social trade deal August 1 US deadline tariffs high tariffs international trade India friend economic measures import taxes trade relations geopolitical tensions economic sanctions foreign policy diplomacy international relations economic impact trade negotiations global market economic strategy.

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