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
US and Qatar say EU climate regulations could impact LNG supplies
U.S. debt tops $38 trillion for first time
Trump defends tariffs, tells beef producers to lower prices
VA secretary pleads with Democrats to end the shutdown
WATCH: Pritzker opposes redistricting Illinois mid-cycle as other states move forward
Record-long govt shutdown threatens food, early childhood education assistance
Sen. Scott Wiener announces he’s running for Pelosi’s seat
Cities sue Trump administration for tying funds to DEI
Federal shutdown sidelines 34,000 workers in Colorado
Poll: Majority of Americans favor voter ID requirement, split on mail-in voting ban
Op-Ed: Illinois becoming the lawsuit capital of America, and Springfield to blame
Illinois treasurer promises to pass nonprofit legislation vetoed by Pritzker