India to Face 25% Tariff and Penalty, Announces Trump; Commerce Ministry Reacts

Donald Trump has announced a 25% tariff on Indian goods, along with an additional penalty, starting August 1, 2025. Trump cited India’s trade barriers and its significant purchases of Russian military equipment and energy as reasons for the tariffs. The Ministry of Commerce and Industry issued a statement acknowledging the announcement, stating the government is assessing the impact and will act to protect national interests. The ministry also mentioned ongoing discussions for a mutually beneficial trade agreement. Trump later said that negotiations with India regarding the tariffs are ongoing.