Trump hits India with 50% tariff on imports as talks continue
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.”
Latest News Stories
WATCH: Hegseth: U.S., Israel will soon have ‘complete control’ over Iran’s airspace
Do No Harm claims racial discrimination in civil rights complaints against 2 health groups
Clark County Bans Kratom Sales in Unincorporated Areas
Senate Judiciary confronts rise in child trafficking and sextortion
WATCH: Gov. Ferguson signaling income tax bill may be dead for session
Lawmakers consider SNAP, other amendments to 2026 farm bill
Los Angeles school board borrows $250M for settlements
WATCH/EXCLUSIVE INTERVIEWS: California Voter ID measure gets over 1 million signatures
As fighting intensifies overseas, Republicans push harder to get DHS funded
Reported debt deal, credit downgrades may add to Chicago budget woes
State financial officers protect, recover $28B in tax dollars in 2025
Iran war, Saudi outage to boost U.S. propane, butane exports