Trump imposes 25% tariff on Indian goods, rues ties with Russia
U.S. President Donald Trump said he is imposing a 25 per cent tariff on goods from India starting on Friday.
Writing on his Truth Social platform, Trump sharply criticises New Delhi for its military and energy ties with Russia.
He described India as a “friend” but accused the country of maintaining unfair trade practices that disadvantage U.S. businesses.
India has “strenuous and obnoxious” trade barriers that keep its markets closed to companies, he wrote, adding that its tariffs are “far too high.”
Trump also took aim at India’s relationship with Russia, saying: “They have always bought a vast majority of their military equipment from Russia, and are Russia’s largest buyer of ENERGY, along with China.
In addition to the new tariff, Trump said India would face a financial “penalty” for its purchases from Russia, though he did not provide further details.
(dpa/NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
Opinion
Aderonke Atoyebi: One Year After the Tax Reform Laws: Tinubu’s economic foresight is taking shape
How President Tinubu’s bold reforms and Dr Zacch Adedeji’s leadership at the Nigeria Revenue Service are driving record revenue growth and building a more resilient economy.
States
Troops arrest suspected terrorist logistics suppliers in Borno
Mr Goni said troops recovered 202 cartons of herbicides, one jerrycan containing suspected acid, and one Starlink wireless internet communication system, among other items.
Hot news Home top
FULL SPEECH: ‘I go with good grace,’ Starmer says in final speech as UK PM
Keir Starmer gave his final speech as prime minister on the steps of Downing Street.
Economy
Lagos inaugurates accelerator training for N10 million single-digit MSME loans
The loans will be provided under the Lagos State Access to Finance for SMEs through Cooperatives (LASMECO) programme.
Politics
My administration remains focused on service, says Gov Alia
Governor Hyacinth Alia says his administration remains undeterred, focused, and deeply committed to serving the people in Benue.
Abuja
Court admits Miyetti Allah leader Bodejo to N2 billion bail in money laundering trial
The Federal High Court, Abuja Division, on Monday admitted Bello Bodejo, the national president of Miyetti Allah Kauta Kore, to N2 billion bail with two sureties.
