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Trump announces 25% tariff on India starting Aug. 1, unspecified penalties for buying Russian energy

Jul 30, 2025, 5:24 AM | Updated: 6:10 am

President Donald Trump, front right, gestures as he walks down the stairs of Air Force One with his...

President Donald Trump, front right, gestures as he walks down the stairs of Air Force One with his grandchildren, Spencer, left, and Chloe, back center, upon his arrival at Joint Base Andrews, Md., Tuesday, July 29, 2025. (AP Photo/Luis M. Alvarez)
Credit: ASSOCIATED PRESS

(AP Photo/Luis M. Alvarez)

WASHINGTON (AP) — President Donald Trump on Wednesday announced 25% tariff on India starting Aug. 1, plus unspecified penalties for continuing to buy Russian energy.

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From Laos to Brazil, Trump’s tariffs leave a lot of losers. But even the winners will pay a price

WASHINGTON (AP) — President Donald Trump’s tariff onslaught this week left a lot of losers – from small, poor countries like Laos and Algeria to wealthy U.S. trading partners like Canada and Switzerland. They’re now facing especially hefty taxes – tariffs – on the products they export to the United States starting Aug. 7. The […]

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Trump announces 25% tariff on India starting Aug. 1, unspecified penalties for buying Russian energy