(Image source from: Indiatoday.in)
The current United States administration, led by Donald Trump, has formally announced the introduction of supplementary tariffs of 25 percent on goods coming from India, with these increased charges scheduled to begin at 12:01 a.m. Eastern Standard Time on August 27. The announcement, released by the Department of Homeland Security, explained that the fresh taxes were a reaction to "menaces against the United States by the Russian Federation's government clarifying India was being singled out as a component of that strategic approach. The tariffs specified within this document's Annex will apply to items originating from India that are introduced for usage, or taken from storage for usage, starting from 12:01 a.m. Eastern Daylight Time on August 27, 2025, the announcement stated. Relations have soured between New Delhi and Washington ever since US President Donald Trump increased tariffs on Indian products to a considerable 50 percent, encompassing a 25 percent added tariff, because India bought Russian crude oil. On Monday, August 26, just a couple of days before the imposing US tariffs are enforced, Prime Minister Narendra Modi communicated that India would resist the economic difficulties as the nation consistently improves its endurance.
Regardless of the amount of strain exerted, we will perpetually bolster our capacity to endure it, he asserted at a public assembly within Ahmedabad's Nikol district. The Prime Minister highlighted that his administration would definitely not permit any damage to befall small business owners, farmers, and animal farmers. Indirectly addressing the US tariffs, PM Modi expressed, In the present global landscape, there exists a political atmosphere of monetary self-interest, where every entity prioritizes its own welfare. We are presently observing this phenomenon. "I desire to communicate from Ahmedabad's grounds, I assure you from Gandhi's land, that Modi regards the well-being of small business owners, retailers, farmers, and animal farmers as the highest priority. Irrespective of the level of strain, we will invariably augment our resilience to combat it" he included.
