Source: International Business Times
Trump said there will be no extension of his August 1 tariff deadline AFP US President Donald Trump said Wednesday that imports from India will face 25 percent tariffs, while also announcing an unspecified "penalty" over New Delhi's purchases of Russian weapons and energy. The measures will kick in on Friday, Trump posted on his Truth Social platform, adding to a bevy of other tariff hikes set to take effect the same day. In a separate post, Trump said the August 1 deadline "stands strong, and will not be extended.
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