ISTANBUL US President Donald Trump announced Wednesday that India will face a 25% tariff, plus additional penalties, starting Aug. 1. Trump accused New Delhi of unfair trade practices and extensive energy and arms relations with Russia. "INDIA WILL THEREFORE BE PAYING A TARIFF OF 25%, PLUS A PENALTY FOR THE ABOVE, STARTING ON AUGUST FIRST," he wrote on Truth Social. Without revealing specifics on the "penalty," Trump criticized India's trade barriers and Russia connections. "India is our friend,

Tag-uri: Donald Trump