Trump hits India with 50% tariff on imports as talks continue

Spread the love

President Donald Trump put a 50% tariff on goods from India on Wednesday, keeping his word that he’d punish the nation for buying oil from Russia.

The U.S. president hit India with some of the highest tariffs of any nation in the world. Trump initially put a 25% tariff on India, but later doubled it over the Russia oil purchases as he sought a peace deal between Russia and Ukraine.

Director of the National Economic Council Kevin Hassett said talks continue with officials in India on trade. He also said the relationship was “complicated,” echoing earlier comments from Treasury Secretary Scott Bessent. Hassett said more talks are planned.

An April report from the Office of the U.S. Trade Representative noted: “The United States has long recognized significant trade barriers with India.”

The U.S. ran a $45.7 billion goods trade deficit with India in 2024.

That USTR report also noted that India’s tariffs are among the “highest of the world”s largest economies” at an average of 17%. However, that rate jumps to 39% for imported agricultural products.

India is by far the largest U.S. trading partner with 50% tariff on imports. U.S. goods and services trade with India totaled an estimated $212.3 billion in 2024.

Officials in India have said the U.S. tariffs are unfair. India Prime Minister Narendra Modi has said he wants the “best deal” for the nation’s 1.4 billion people. He also urged self-reliance, the BBC reported.

“We should become self-reliant – not out of desperation, but out of pride,” Modi said. “Economic selfishness is on the rise globally and we mustn’t sit and cry about our difficulties, we must rise above and not allow others to hold us in their clutches.”

Leave a Comment





Latest News Stories

GOP legislators propose creating new state from CA counties

GOP legislators propose creating new state from CA counties

By Dave MasonThe Center Square Republicans are calling for 35 inland counties to secede from California and create a new state. The GOP announced the plan Wednesday as their response...
WATCH: Pro-life groups step up to meet growing demand in post-Dobbs America

WATCH: Pro-life groups step up to meet growing demand in post-Dobbs America

By Carleen JohnsonThe Center Square It’s been more than three years since the Dobbs v. Jackson Women’s Health Organization decision by the U.S. Supreme Court that reversed Roe v. Wade,...
FDA approves latest versions of COVID vaccines but under new ‘framework’

FDA approves latest versions of COVID vaccines but under new ‘framework’

By Morgan SweeneyThe Center Square As the school year kicks off and the seasons change, the latest version of COVID-19 vaccines will soon be available – but not to everyone....
Illinois quick hits: Gun ban challengers petition SCOTUS; man sentenced for COVID fraud

Illinois quick hits: Gun ban challengers petition SCOTUS; man sentenced for COVID fraud

By Jim Talamonti | The Center SquareThe Center Square Gun ban challengers petition SCOTUS The Second Amendment Foundation is asking the U.S. Supreme Court to take a challenge to Cook...
WATCH: Trump: Illinois’ 'slob of a governor' should call for help with public safety

WATCH: Trump: Illinois’ ‘slob of a governor’ should call for help with public safety

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois Gov. J.B. Pritzker says he has not received communication from the federal government about potential troop...
WATCH: Legislator says Illinois’ child welfare agency uses interns, has legal exposure

WATCH: Legislator says Illinois’ child welfare agency uses interns, has legal exposure

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – An Illinois state legislator insists the state’s child welfare agency is violating the law by using interns...
Cyberattack closes state government services in Nevada

Cyberattack closes state government services in Nevada

By Liam HibbertThe Center Square Nevada state government services were still limited Wednesday morning after the discovery of a statewide cyberattack. Emergency services remained open, but many state-run websites and...
Economic index shows reduced uncertainty, more stability in Midwest

Economic index shows reduced uncertainty, more stability in Midwest

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Federal Reserve Bank of Chicago’s Survey of Economic Conditions Activity Index suggests more stability and less...
Trump hits India with 50% tariff on imports as talks continue

Trump hits India with 50% tariff on imports as talks continue

By Brett RowlandThe Center Square President Donald Trump put a 50% tariff on goods from India on Wednesday, keeping his word that he'd punish the nation for buying oil from...
RFK Jr. wants doctors to learn more about nutrition

RFK Jr. wants doctors to learn more about nutrition

By Brett RowlandThe Center Square Health and Human Services Secretary Robert F. Kennedy Jr. is calling on medical education organizations to teach doctors more about nutrition during training. The U.S....
WATCH: Congressional candidates debate ICE, other issues

WATCH: Congressional candidates debate ICE, other issues

By Chris WoodwardThe Center Square Candidates for Arizona’s congressional special election have a lot to say about issues affecting the country. That includes the issue of U.S. Immigration and Customs...
Walz: Praying for kids, teachers after horrific act of violence

Walz: Praying for kids, teachers after horrific act of violence

By J.D. DavidsonThe Center Square Minnesota Gov. Tim Walz called a shooting at Annunciation Catholic School in Minneapolis that killed two young children Wednesday morning a horrific act of violence....
Cooperation sought from Big Tech, financial industries to protect children

Cooperation sought from Big Tech, financial industries to protect children

By Alan WootenThe Center Square Protection of children from deepfake pornography and chatbots in artificial intelligence is being requested of major technology and financial companies by nearly every member of...
Two killed, 17 injured in Minneapolis Catholic school shooting

Two killed, 17 injured in Minneapolis Catholic school shooting

By Jon StyfThe Center Square Two children were killed and 17 others were injured when a gunman opened fire on a mass at Minneapolis’ Annunciation Catholic School just before 8:30...
Department of Transportation reclaiming control of D.C. Union Station

Department of Transportation reclaiming control of D.C. Union Station

By Sarah Roderick-FitchThe Center Square In the Trump administration’s latest bid to “beautify” Washington, D.C. and make it safer, the U.S. Department of Transportation announced Wednesday that it is reclaiming...