Brief by Shorts91 Newsdesk / 09:12am on 31 Jul 2025,Thursday Business
On July 30, 2025, U.S. President Donald Trump announced a 25% tariff on Indian goods and hinted at additional penalties over India’s Russian energy and defence purchases. However, he later stated that trade negotiations are ongoing, noting India’s willingness to cut its high tariffs substantially, and that “you’ll know by the end of the week” if a deal materializes . Markets interpreted the announcement as a negotiation tactic rather than a final decision, with investors seeing room for compromise . This signals potential progress toward a fair, mutually beneficial trade agreement.
