Trump’s Tariffs Could Open New Growth Opportunities For India: Industry Leaders
Wednesday, 30 July 2025 () Experts note that India’s recent trade successes, such as the free trade agreement with the UK, show that the country is capable of turning challenges into growth opportunities on the global stage. President Trump on Wednesday announced that the US will impose a 25 per cent tariff with a penalty on Indian imports starting August 1.
U.S. President Donald Trump has hinted at a possible trade deal with India but warned of steep tariffs if no agreement is reached by August 1. Calling PM Modi a "friend," Trump criticized India’s high tariffs on U.S. goods, threatening 20–25% duties if talks stall. The U.S. had earlier imposed a...
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Experts caution that the new 25% US tariff on Indian goods, coupled with potential penalties for trade with Russia, could hinder India's GDP growth and exports.... IndiaTimes