On July 31, U.S. President Donald Trump announced a 25 percent “reciprocal” tariff on Indian imports, effective August 7, aimed at forcing New Delhi to lower its barriers to trade for American goods. Trump subsequently signed an executive order imposing an additional 25 percent tariff on imports from India, beginning August 27, for its continued purchases of Russian oil. However, after the last week’s summit meeting between Trump and Russian President Vladimir Putin, it is unclear whether this second tariff will still go into effect in late August. If it does, the total tariff on India would be the steepest rate applied to a U.S. trading partner, thus locking the United States and India in their most serious trade dispute in decades.
Will Trump’s India Tariffs Affect a Critical U.S. Partnership? | Council on Foreign Relations
