Tariff on India: America imposed 25% tariff on India, also announced to collect penalty

Tariff on India: Big news has come out regarding tariff, US President Donald Trump has announced to impose 25% tariff on India, Trump gave this information by posting on his social media platform Truth Social.

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America imposed 25% tariff on India

Big news has come out regarding tariff, US President Donald Trump has announced to impose 25% tariff on India and collect penalty from August 1. Trump says that India is one of the countries imposing the highest tariff in the world. Trump gave this information by posting on his social media platform Truth Social.

Summary

US President Trump wrote in the post - 'Remember India is our friend but in the last few years we have done relatively less trade with it because its tariffs are very high.'