Politics8/2/2025Bloomberg

India Aghast at Donald Trump’s ‘Dead’ Economy Jibe, 25% Tariffs

India expressed strong reactions to US President Donald Trump's remarks describing the Indian economy as "essentially dead" and the imposition of a 25% tariff on imports from India. Businesses, policymakers, and citizens in India were deeply concerned by these developments. The tariff hike, which came as a surprise, is seen as a significant blow to India's exports. This move is likely to have a negative impact on various sectors, including steel, aluminum, and other industries that rely on exports to the US market. The Indian government has not yet responded officially to Trump's comments, but it is expected to engage in diplomatic efforts to address the situation and protect the country's economic interests. The incident has highlighted the ongoing trade tensions between the two countries and the need for more effective negotiations to resolve their differences.

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