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

A man displays a carpet at a carpet shop 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 says 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 ID	#12601049
Date Taken	31 July 2025
Location	N/A
Photographer	Firdous Nazir/NurPhoto
Category	Economy, Business and Finance
Copyright	© 2026 NurPhoto - Firdous Nazir/NurPhoto

carpet shop Srinagar Jammu and Kashmir United States President Donald Trump 25 percent tariff Indian goods penalty Russian oil military equipment Truth Social trade deal tariffs high tariffs US deadline India friend NurPhoto Firdous Nazir July 31 2025 August 1 trade measures import duties international relations economic policy bilateral trade geopolitical tensions sanctions global trade foreign policy economic sanctions protectionism trade war.