A Good Friend But...

“A Good Friend But…”: Trump Says India May Pay 20% to 25% Tariff

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“A Good Friend But…”: Trump Says India May Pay 20% to 25% Tariff

President Donald Trump said that India may be hit with a tariff rate of 20% to 25% but cautioned the final levy had still not been finalized. Trump announced higher levies in April, before pausing those tariffs at a reduced 10% rate to allow time for negotiations.

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President Donald Trump said that India may be hit with a tariff rate of 20% to 25% but cautioned the final levy had still not been finalized as the two countries negotiate on a trade deal ahead of an Aug. 1 deadline.

“I think so,” Trump told reporters Tuesday when asked if that was a possible tariff rate for New Delhi.

“India has been a good friend, but India has charged basically more tariffs than almost any other country,” Trump said aboard Air Force One as he returned to Washington from a five-day visit to Scotland. “You just can’t do that.”

The president was commenting ahead of an Aug. 1 deadline when a slew of so-called reciprocal tariffs are set to take effect on dozens of trading partners. Trump announced higher levies in April, before pausing those tariffs at a reduced 10% rate to allow time for negotiations. Despite an extended deadline, Trump has only secured a handful of deals.

US Trade Representative Jamieson Greer said Monday that the US needed more time for talks with India to gauge the country’s willingness to open its market more to American exports.

Reuters reported earlier Tuesday that New Delhi is bracing for higher tariffs likely between 20% and 25%.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

Source: Ndtv.com | View original article

Trump’s Tariff Rate for India Around 20% to 25% but Not Final

President Donald Trump said India may be hit with a tariff rate of 20% to 25%. The final levy had still not been finalized as the two countries negotiate on a trade deal. Trump announced higher levies in April, before pausing those tariffs at a reduced 10% rate to allow time for negotiations. Despite an extended deadline, Trump has only secured a handful of deals.

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A gantry crane loads a shipping container onto a truck from a ship docked at the Jawaharlal Nehru Port in India. (Dhiraj Singh/Bloomberg)

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President Donald Trump said India may be hit with a tariff rate of 20% to 25% but cautioned the final levy had still not been finalized as the two countries negotiate on a trade deal ahead of an Aug. 1 deadline.

“I think so,” Trump told reporters July 29 when asked if that was a possible tariff rate for New Delhi.

“India has been a good friend, but India has charged basically more tariffs than almost any other country,” Trump said aboard Air Force One as he returned to Washington from a five-day visit to Scotland. “You just can’t do that.”

The president was commenting ahead of an Aug. 1 deadline when a slew of so-called reciprocal tariffs are set to take effect on dozens of trading partners. Trump announced higher levies in April, before pausing those tariffs at a reduced 10% rate to allow time for negotiations. Despite an extended deadline, Trump has only secured a handful of deals.

RELATED: India ‘Confident’ It’s Nearing Trade Agreement With the US

U.S. Trade Representative Jamieson Greer said July 28 that the U.S. needed more time for talks with India to gauge the country’s willingness to open its market more to American exports.

Reuters reported earlier July 29 that New Delhi is bracing for higher tariffs likely between 20% and 25%.

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Source: Ttnews.com | View original article

‘India Will Probably Face 20% to 25% Tariff, Though Deal Not Yet Finalised’, Says Donald Trump (Watch Video)

US President Donald Trump warned of the possibility of imposing tariffs between 20% and 25% on India. The development comes as both nations work toward finalising a trade deal ahead of the August 1 deadline. “India has been a good friend, but it has imposed more tariffs than almost any other country. You just can’t do that.”

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US President Donald Trump warned of the possibility of imposing tariffs between 20% and 25% on India as he spoke to reporters aboard Air Force One as he returned from a five-day visit to Scotland, Bloomberg reported. The development comes as both nations work toward finalising a trade deal ahead of the August 1 deadline. “I think so,” Trump said Tuesday when asked if such rates were being considered, adding, “India has been a good friend, but it has imposed more tariffs than almost any other country. You just can’t do that.” ‘No PM Narendra Modi-Donald Trump Call During Operation Sindoor, India Acted Alone’: EAM S Jaishankar Addresses Lok Sabha During High-Stakes Parliament Monsoon Session 2025 Debate (Watch Videos).

‘India Will Probably Face 20% to 25% Tariff’: Donald Trump

BREAKING: Trump says there will be 25% tariffs on India pic.twitter.com/Qvb1kNRhfn — Insider Paper (@TheInsiderPaper) July 29, 2025

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Source: Latestly.com | View original article

Source: https://www.ndtv.com/world-news/a-good-friend-but-donald-trump-says-india-may-pay-20-to-25-tariff-8978541

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