{"id":29439,"date":"2025-08-06T08:13:40","date_gmt":"2025-08-06T12:13:40","guid":{"rendered":"https:\/\/stateofthenation.info\/?p=29439"},"modified":"2025-08-06T08:13:40","modified_gmt":"2025-08-06T12:13:40","slug":"economic-terrorism-trump-to-substantially-raise-tariffs-on-india-over-the-next-24-hours","status":"publish","type":"post","link":"https:\/\/stateofthenation.info\/?p=29439","title":{"rendered":"

ECONOMIC TERRORISM: Trump to \u2018substantially\u2019 raise tariffs on India \u2018over the next 24 hours\u2019<\/b><\/h2>"},"content":{"rendered":"

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\"Trump<\/picture><\/div>\n
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US President Donald Trump at the White House on
\nAugust 01, 2025 in Washington, DC.\u00a0<\/span>\u00a9\u00a0<\/span>Getty Images<\/span><\/h5>\n<\/div>\n<\/div>\n
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US President Donald Trump said on Tuesday that he will\u00a0\u201csubstantially\u201d<\/em>\u00a0raise tariffs on imports from India over the next 24 hours because of the South Asian\u2019s continued purchases of Russian crude.<\/p>\n

The latest threat comes a day after India rejected US and EU criticism over its oil trade with Russia saying it would take measures to\u00a0\u201csafeguard its national interests and economic security,\u201d<\/em>\u00a0while adding that the targeting of the South Asian nation was unreasonable.<\/p>\n

Calling India the\u00a0\u201chighest tariff nation,\u201d<\/em>\u00a0the US President told CNBC Squawk Box in a phone interview that India has not been a good trading partner.<\/p>\n

\u201cThey do a lot of business with us but we don’t do with them. So, we settled on 25% but am going to raise them substantially in the next 24 hours because they’re buying Russian oil and they’re fueling the war machine,\u201d<\/em> Trump said in the interview.<\/p>\n

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\u2757\ufe0fTrump Will \u201cSubstantially Raise\u201d India\u2019s 25% Tariff Rate \u201cOver the Next 24 Hours\u201d The US president cited India\u2019s Russian oil purchases as the reason during a phone interview with CNBC.\u00a0https:\/\/t.co\/U9Sl1zbFMK<\/a>pic.twitter.com\/3vPeZK2EZw<\/a><\/p>\n

\u2014 RT_India (@RT_India_news)\u00a0August 5, 2025<\/a><\/p><\/blockquote>\n<\/div>\n

In the 2024-25 fiscal year, bilateral trade between India and the US reached $131.8 billion, with a trade surplus of $41.18 billion for New Delhi, according to the Indian government.<\/p>\n

Trump also claimed in his Tuesday interview that New Delhi has offered to entirely waive tariffs on US imports.<\/p>\n

READ MORE:\u00a0Sanction first, ally later: India learns the cost of trusting the US<\/a><\/div>\n

\u201cNow I will say this, India went from the highest tariffs ever, they will give us zero tariffs. But that’s not good enough, because of what they’re doing with oil,\u201d<\/em>\u00a0he said.<\/p>\n

Although the US President maintains that India is a friend, he has recently made a string of statements that are critical of New Delhi. On Monday, he said India was making\u00a0\u201cbig profits\u201d<\/em>\u00a0by selling Russian oil in the open market.\u00a0\u201cThey don\u2019t care how many people in Ukraine are being killed by the Russian war machine,\u201d<\/em> he said in a Truth Social Post on Monday.<\/p>\n

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\nhttps:\/\/www.rt.com\/india\/622520-trump-to-substantially-raise-tariffs\/<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-29439","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/stateofthenation.info\/index.php?rest_route=\/wp\/v2\/posts\/29439","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stateofthenation.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateofthenation.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateofthenation.info\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stateofthenation.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29439"}],"version-history":[{"count":0,"href":"https:\/\/stateofthenation.info\/index.php?rest_route=\/wp\/v2\/posts\/29439\/revisions"}],"wp:attachment":[{"href":"https:\/\/stateofthenation.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateofthenation.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateofthenation.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}