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'Worst-case scenario would be...', says government on Trump's '25 per cent tariff plus penalty' on India

DNA Friday, 1 August 2025 ()
US President Donald Trump, on Wednesday, slapped a 25 per cent tariff on Indian goods entering the States. In addition, he announced a penalty for India for trading with Russia.
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News video: BREAKING: Trump’s Pro-Pakistan Pivot |Rewards Pakistan, Hits India With Penalties Over Russian Deals

BREAKING: Trump’s Pro-Pakistan Pivot |Rewards Pakistan, Hits India With Penalties Over Russian Deals 03:22

In a dramatic and controversial trade move, U.S. President Donald Trump has announced a major oil partnership with Pakistan just hours before slapping India with a harsh 25% tariff and an additional penalty. While praising Pakistan’s “massive oil reserves,” Trump hinted that the oil might one...

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