Brief by Shorts91 Newsdesk / 01:52am on 30 Jul 2025,Wednesday Business
Former U.S. President Donald Trump warned on July 29, 2025, that India may face tariffs between 20% to 25%, though no final decision has been made and negotiations are still in progress . The comment came just two days before his self-imposed August 1 tariff deadline, underlining the pressure on countries without bilateral trade agreements . Indian officials are bracing for the potential temporary increase while awaiting a U.S. delegation’s visit in mid‑August to resume broader trade talks, aiming to finalize a comprehensive deal by September or October. (PC: Bloomberg)
