Brief by Shorts91 Newsdesk / 07:39pm on 31 Jul 2025,Thursday India Global
India will not retaliate against US President Donald Trump’s decision to impose a 25% tariff and additional penalties on Indian imports starting August 1, government sources said. Trump cited India's high tariffs, non-monetary trade barriers, and continued energy imports from Russia. Indian officials stated that negotiations, not escalation, are the preferred path, emphasizing the nation's economic resilience. Commerce Minister Piyush Goyal confirmed consultations with exporters and stakeholders are underway to assess the impact. Opposition leader Rahul Gandhi seized the moment to criticize the Modi government, calling India a “dead economy” and blaming BJP policies for economic stagnation. (PC: X)
