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India charges 52%, but Trump imposed a ‘discounted’ 26% tariff: Explaining Trump admin's tariff formula

IndiaTimes Thursday, 3 April 2025
President Donald Trump has announced a new tariff regime, imposing a 10% baseline tax on imports from all nations and higher levies on countries with a trade surplus with the US. This action, justified as correcting trade imbalances, has significantly affected India with a 26% tariff on all its exports, leading to a negative market reaction.
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Video Credit: Oneindia - Published
News video: Trump Trade War: India Hit with 26% Tariff, Russia & North Korea Escape Unscathed -Full Announcement

Trump Trade War: India Hit with 26% Tariff, Russia & North Korea Escape Unscathed -Full Announcement 52:07

 Trump has unleashed a new wave of tariffs, hitting allies like India with a massive 26% tax while surprisingly sparing Russia and North Korea. The White House claims this move is to free America from foreign dependence, but critics are calling it a blatant geopolitical game. Is this a strategic...

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Donald Trump Donald Trump President of the United States (2017–2021; since 2025)

Trump Envoy Witkoff Walks Through Gaza’s 'Valley of Death' as IDF KILLS 900 Dead Near Aid Zone [Video]

Trump Envoy Witkoff Walks Through Gaza’s 'Valley of Death' as IDF KILLS 900 Dead Near Aid Zone

In a harrowing visit to Gaza’s so-called “Valley of Death,” Trump’s envoy Steve Witkoff walked the frontline near an aid distribution zone where nearly 900 civilians have reportedly been killed in recent IDF operations. Joined by international officials and aid workers, Witkoff witnessed first-hand the devastation wrought by shelling in proximity to humanitarian corridors. #SteveWitkoff #GazaVisit #GazaCrisis #USEnvoyInGaza #WitkoffInGaza #GazaHumanitarianCrisis #GazaAidCrisis #GazaHungerCrisis #GazaCity #IsraelGazaWar #TrumpOnGaza #GazaUnderAttack #GazaNews #GazaToday #GazaConflict #GazaDiplomacy #IsraelGazaCrisis #GazaRelief #MiddleEastCrisis #GazaWar2025 ~PR.152~HT.408~ED.420~

Credit: Oneindia    Duration: 03:37Published
India’s Firm Reply To Trump’s Tariffs | Snubs F-35 Deal With U.S | Backs Russian Ties Over U.S Offer [Video]

India’s Firm Reply To Trump’s Tariffs | Snubs F-35 Deal With U.S | Backs Russian Ties Over U.S Offer

India has reportedly declined a U.S. offer to buy F-35 stealth fighter jets, according to Bloomberg. The offer was made by President Trump during Prime Minister Modi’s visit to Washington in February. Instead of purchasing American jets, India is prioritizing joint defense manufacturing initiatives and has shown greater interest in the Russian Su-57, especially after its debut at Aero India. The Indian Ministry of External Affairs downplayed Bloomberg’s report, confirming no formal talks on the F-35 have taken place yet. Meanwhile, the U.S. has slapped 25% tariffs on Indian imports due to a failed trade deal, escalating tensions. Trump also announced India would face a penalty over its continued defense ties with Russia. This deepening rift could impact U.S.-India defense cooperation and reshape future arms procurement. #IndiaUSRelations #F35Deal #ModiTrump #IndiaDefense #FighterJetDeal #USIndiaTensions #Su57India #DefenseNews #Tariffs #USIndiaTrade #TrumpModi #Geopolitics #MilitarySale #IndiaRejectsF35 #BloombergReport #RussianDefense #TrumpSanctions #ModiWashington #IndiaForeignPolicy #AeroIndia ~ED.194~HT.408~GR.124~

Credit: Oneindia    Duration: 03:04Published

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