{"id":4118,"date":"2025-08-05T02:24:13","date_gmt":"2025-08-05T02:24:13","guid":{"rendered":"https:\/\/jobuzo.com\/en\/trump-threatens-to-substantially-hike-tariffs-on-indian-goods-india-says-to-take-necessary-measures\/"},"modified":"2025-08-05T02:24:13","modified_gmt":"2025-08-05T02:24:13","slug":"trump-threatens-to-substantially-hike-tariffs-on-indian-goods-india-says-to-take-necessary-measures","status":"publish","type":"post","link":"https:\/\/jobuzo.com\/en\/trump-threatens-to-substantially-hike-tariffs-on-indian-goods-india-says-to-take-necessary-measures\/","title":{"rendered":"Trump threatens to &#8220;substantially&#8221; hike tariffs on Indian goods, India says to take necessary measures"},"content":{"rendered":"<div>\n<figure class=\"image\"><figcaption><span>Photo taken on June 22, 2022 shows the White House and a stop sign in Washington, D.C., the United States. (Xinhua\/Liu Jie)<\/span><\/figcaption><\/figure>\n<p><strong>&ldquo;Like any major economy, India will take all necessary measures to safeguard its national interests and economic security,&rdquo; according to a statement from India&rsquo;s Ministry of External Affairs.<\/strong><\/p>\n<p><span>NEW YORK, Aug. 4 (Xinhua) &mdash; U.S. President Donald Trump on Monday threatened to &ldquo;substantially&rdquo; raise tariffs on goods imported from India with the excuse that India bought and resold Russian oil.<\/span><\/p>\n<p><span>&ldquo;India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big profits,&rdquo; Trump said in a post on Truth Social.<\/span><\/p>\n<p><span>Indian goods imported into the United States will be subject to a 25 percent tariff starting Aug. 7, according to an executive order signed by Trump on July 31.<\/span><\/p>\n<p><span>Besides the 25 percent tariff, Trump had earlier said he would impose a penalty for India&rsquo;s purchase of Russian oil, without elaborating on details.<\/span><\/p>\n<p><span>In early April, Trump announced 26 percent reciprocal tariffs on Indian goods in addition to the 10 percent baseline tariffs, but he then paused the imposition of such tariffs.<\/span><\/p>\n<div class=\"internal-linking-related-contents\"><a href=\"https:\/\/jobuzo.com\/en\/12-weeks-jail-for-school-it-support-technician-who-took-upskirt-videos-of-teachers\/\" class=\"template-1\"><span class=\"cta\">News :<\/span><span class=\"postTitle\">&lt;div&gt;12 weeks' jail for school IT support technician who took upskirt videos of teachers&lt;\/div&gt;<\/span><\/a><\/div><p><span>In response to Trump&rsquo;s new threat, India&rsquo;s Ministry of External Affairs said in a statement that &ldquo;the targeting of India is unjustified and unreasonable,&rdquo; and that India&rsquo;s oil imports are meant to &ldquo;ensure predictable and affordable energy costs&rdquo; for Indian consumers.<\/span><\/p>\n<p><span>&ldquo;Like any major economy, India will take all necessary measures to safeguard its national interests and economic security,&rdquo; according to the statement on the ministry&rsquo;s website.<\/span><\/p>\n<p><span>The U.S. goods trade deficit with India was 45.8 billion U.S. dollars in 2024, up 5.9 percent from 2023, according to the Office of the United States Trade Representative.<\/span><\/p>\n<p><span>Many countries have voiced strong opposition to the recent U.S. tariff measures.<\/span><span>&#9632;<\/span><\/p>\n<\/div>\n<p><sub><\/sub><\/p>\n<div>Trump threatens to &ldquo;substantially&rdquo; hike tariffs on Indian goods, India says to take necessary measures<\/div>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Photo taken on June 22, 2022 shows the White House and a stop sign in Washington, D.C., the United States. (Xinhua\/Liu Jie) &ldquo;Like any major economy, India will take all necessary measures to safeguard its national interests and economic security,&rdquo; according to a statement from India&rsquo;s Ministry of External Affairs. NEW YORK, Aug. 4 (Xinhua)&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/jobuzo.com\/en\/trump-threatens-to-substantially-hike-tariffs-on-indian-goods-india-says-to-take-necessary-measures\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;Trump threatens to &#8220;substantially&#8221; hike tariffs on Indian goods, India says to take necessary measures&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":4119,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4118","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/4118","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/comments?post=4118"}],"version-history":[{"count":0,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/4118\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media\/4119"}],"wp:attachment":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media?parent=4118"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/categories?post=4118"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/tags?post=4118"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}