The President of the United States Donald Trump said that business negotiations with India will continue, even after the US bought a 25 % tariff and sanctions for buying Russian oil, she reported.
A few hours later, the White House also announced sanctions against entities involved in the Iranian oil and petrochemical industries, including six Indian companies.
Also read | US GOVT SANICTIONS 6 INDIA based in India for trading in Iran
Donald Trump on Brics: “Anti-USA, attack on the dollar…”
Donald Trump, who spoke to reporters, again claimed that Brics Economic Bloc is an “anti-US” alliance, and indicated that the business agreement with India has been talking longer for negotiations.
“We are negotiating and they are also BRICS. They have BRICS, which is essentially a group of countries that are against the elimination, and India is a member of it if you can believe it. It is an attack on the dollar and we will not let someone attack the dollar. We will not allow it to force.
Also read | Donald Trump presents Pakistan’s oil an agreement, says it can be sold in the future India
Donald Trump calls Modi’s “friend” but…
The US President also described the Prime Minister of Narendra Modi as a “friend”, but added that “it doesn’t matter too much” if the India-USA agreement reaches a certain tariff, the report added.
“As you know, Prime Minister Modi is my friend, but if he does business with us, he doesn’t do much business. They sell us a lot, but we don’t buy them from them. Do you know why? Because the tariff is so high. They have one of the highest tariffs in the world.
Also read | Trump’s tariffs on India Live: Trump says that negotiations on tariff still
India-USA business agreement: “Talk to them”, says Donald Trump
Donald Trump, who spoke to reporters in the White House, on July 30 confirmed that the US continues to deal with India.
He answered the question or answered, “We’re talking to them now. We’ll see what happens. India was again the highest or near the highest customs nation in the world, one of the highest, 100 points, 150 points or percent. So India was one of the highest in the world.
“We’ll see what happens. It doesn’t matter if we have an agreement or whether we charge them a tariff. But at the end of this week you will know. 1.
Also read | US FED MEETING 2025 LIVE: Jerome Powell, Famc, keeps interest rates unchanged
Follow: Donald Trump in India-USA-Objele Agreement
Donald Trump’s complete statement: 25% tariff and punishment for India for Russian trade
In his contribution to his social media Pravo Media, Donald Trump announced a 25 % tariff in India, except for the punishment for buying Russian oil. This will come into effect from 1 August 2025.
He wrote: “Remember, while India is our friend, over the years we have done relatively few shops with them because their tariffs are too high, among the highest in the world, and have the most strenuous and unpleasant trading barriers to any country.”
He added that India has always bought the vast majority of her military equipment from Russia and are the largest Russian energy buyer together with China at a time when everyone wants Russia to stop killing in Ukraine – all things are not good! ”
“India will therefore pay a 25%plus tariff for the above, starting on 1 August. Thank you for your attention for this matter. Maga!” He said.
This announcement follows the earlier step 22 April, when Donald Trump deposited 26 % tariff on Indian goods imported to the US before the “reciprocal” fees later stop.
(Tagstotranslate) 25 % tariff
