Brief by Shorts91 NewsDesk / 12:18pm on 31 Jul 2025,Thursday India Global
Congress MP Shashi Tharoor warned that Donald Trump’s 25% tariff on Indian exports, plus penalties for Russian oil purchases, could “destroy” India’s trade with the U.S. The effective rate may reach 35–45%, with talk of a 100% penalty. Tharoor called the move “very serious,” urging negotiators to resist unreasonable demands. He emphasized India’s average 17% tariff and strong domestic market, suggesting diversification if talks fail. Former minister P. Chidambaram called the tariffs a WTO violation and a “big blow” to diplomacy. The Indian government is assessing the implications and reaffirmed its commitment to a fair bilateral trade agreement amid rising tensions. (PC: NDTV)