The latest twist in President Donald Trump's trade playbook has taken aim at India. Despite calling the country a "good friend," the US leader announced a 25% tariff on Indian imports. It seems that friendship stops at the water’s edge, especially when revenue is on the line.
According to Trump, all goods shipped from India to the US market will now be subject to a 25% tariff.
The White House says that a broader trade deal between the two countries is "well underway." Still, Trump was quick to note that India, while a long-standing partner, has imposed higher duties on US products than almost any other nation. Now, he appears determined to shift the balance in America’s favor.
Earlier, analysts had warned that India, along with China and Turkey, could become a prime target for secondary sanctions. However, others argue that such fears are overblown and that the risk of broader escalation remains low.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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