Trump imposes a 25 % tariff on India and penalty for Russian energy and arms deals starting Aug 1. Ambiguous threat or calculated leverage?
Something doesn’t ring true about the tariff ultimatum. Trump announced a 25 % tariff on India plus an added “penalty” for purchasing Russian energy and military goods starting August 1, framing it as both punitive and principled. He claimed India has “tariffs among the highest in the world” and uses “obnoxious non‑monetary trade barriers,” before declaring India …