{"id":55122,"date":"2025-08-05T09:14:40","date_gmt":"2025-08-05T09:14:40","guid":{"rendered":"https:\/\/new.igihe.com\/trump-threatens-to-substantially-hike-tariffs-on-indian-goods\/"},"modified":"2025-08-05T09:09:51","modified_gmt":"2025-08-05T09:09:51","slug":"trump-threatens-to-substantially-hike-tariffs-on-indian-goods","status":"publish","type":"post","link":"https:\/\/new.igihe.com\/english\/trump-threatens-to-substantially-hike-tariffs-on-indian-goods\/","title":{"rendered":"Trump threatens to &#8220;substantially&#8221; hike tariffs on Indian goods"},"content":{"rendered":"<p>&#8220;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,&#8221; Trump said in a post on Truth Social.<\/p>\n<p>Indian goods imported into the United States will be subject to a 25 percent tariff starting August 7, according to an executive order signed by Trump on July 31.<\/p>\n<p>Besides the 25 percent tariff, Trump had earlier said he would impose a penalty for India&#8217;s purchase of Russian oil, without elaborating on details.<\/p>\n<p>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.<\/p>\n<p>In response to Trump&#8217;s new threat, India&#8217;s Ministry of External Affairs said in a statement that &#8220;the targeting of India is unjustified and unreasonable,&#8221; and that India&#8217;s oil imports are meant to &#8220;ensure predictable and affordable energy costs&#8221; for Indian consumers.<\/p>\n<p>&#8220;Like any major economy, India will take all necessary measures to safeguard its national interests and economic security,&#8221; according to the statement on the ministry&#8217;s website.<\/p>\n<p>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.<\/p>\n<p>Many countries have voiced strong opposition to the recent U.S. tariff measures.<\/p>\n<figure class=\"spip-document spip-document-92048 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/6890ea7a89141-donald-trump-041429274-16x9.jpg\" alt=\"U.S. President Donald Trump on Monday threatened to &quot;substantially&quot; raise tariffs on goods imported from India with the excuse that India bought and resold Russian oil.\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>U.S. President Donald Trump on Monday threatened to &#8220;substantially&#8221; raise tariffs on goods imported from India with the excuse that India bought and resold Russian oil.<\/p>\n","protected":false},"author":131,"featured_media":2000092049,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[75],"byline":[235],"hashtag":[],"class_list":["post-55122","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-homenews","byline-xinhua"],"bylines":[{"id":235,"name":"Xinhua","slug":"xinhua","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":80}],"contributors":[{"id":235,"name":"Xinhua","slug":"xinhua","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":80}],"featured_image":{"id":2000092049,"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/6890ea7a89141-donald-trump-041429274-16x9logo.jpg","alt":"","caption":"","mime_type":"image\/jpeg","width":0,"height":0,"sizes":{"thumbnail":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/6890ea7a89141-donald-trump-041429274-16x9logo.jpg","width":1,"height":1},"medium":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/6890ea7a89141-donald-trump-041429274-16x9logo.jpg","width":1,"height":1},"medium_large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/6890ea7a89141-donald-trump-041429274-16x9logo.jpg","width":1,"height":1},"large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/6890ea7a89141-donald-trump-041429274-16x9logo.jpg","width":1,"height":1},"full":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/6890ea7a89141-donald-trump-041429274-16x9logo.jpg","width":0,"height":0}}},"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/55122","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/131"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=55122"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/55122\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media\/2000092049"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=55122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=55122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=55122"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=55122"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=55122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}