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Trump SHOCKS India: 25% Tariff Escalation, 'Penalty' For Russia | India's Retaliation Next?

TOI.in / Jul 31, 2025, 00.37 AM IST

The big news that has come from Trump land today, has huge ramifications for India. The U.S. President has announced that his country will impose a 25% tariff on goods imported from India, starting on August 1. And that’s not all, Trump has also stated that India will face an unspecified penalty for doing business with Russia.

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