India will not retaliate against US President Donald Trump's 25% tariff on Indian goods, government sources said. The new tariffs, along with penalties over India’s oil trade with Russia, will start on August 1. Trump called India’s trade barriers “too high” and described both India and Russia as “dead economies.” Government sources said India will handle the issue through talks, not anger. “Silence is the best answer,” one official said. Commerce Minister Piyush Goyal told Parliament that the government is studying the impact. He said India will protect farmers, MSMEs, and exporters, and will act in the nation’s best interest. (PC: AFP)

US President Donald Trump has announced 25% tariffs on Indian goods. A penalty on Indian purchases from Russia was also added. Trump said these steps will make America "great and rich again." He called India’s trade barriers "high" and "unfair." The new rules will start from August 1. In response, India’s government said it is looking into the impact. The Commerce Ministry said India and the US were already talking about a fair and balanced trade deal. The government said it will protect farmers, small businesses, and national interest while continuing talks for better trade ties with the US. (PC: AP)

Congress MP Shashi Tharoor warned that Donald Trump’s 25% tariff on Indian exports, plus penalties for Russian oil purchases, could “destroy” India’s trade with the U.S. The effective rate may reach 35–45%, with talk of a 100% penalty. Tharoor called the move “very serious,” urging negotiators to resist unreasonable demands. He emphasized India’s average 17% tariff and strong domestic market, suggesting diversification if talks fail. Former minister P. Chidambaram called the tariffs a WTO violation and a “big blow” to diplomacy. The Indian government is assessing the implications and reaffirmed its commitment to a fair bilateral trade agreement amid rising tensions. (PC: NDTV)

U.S. President Donald Trump reignited trade tensions by imposing a 25% tariff on Indian exports, citing “obnoxious” trade barriers and India’s defense ties with Russia. He labeled India the “Tariff King,” but WTO data reveals U.S. duties can reach 350% on tobacco, 200% on dairy, and over 130% on produce, exposing American protectionism. The new tariffs, effective August 1, target auto parts, electronics, textiles, and processed foods, with an undefined penalty. Economists warn this could reduce India’s GDP by 0.2–0.5 percentage points. The move adds strain to already fragile trade relations, prompting calls for transparency and fairness amid accusations of hypocrisy in U.S. tariff policy. (PC: The Print)

U.S. President Donald Trump launched a scathing attack on India and Russia, calling them “dead economies” amid rising trade tensions. Following a 25% tariff on Indian imports due to its defense and energy ties with Russia, Trump posted on Truth Social that he doesn’t care what India does with Russia. He criticized India’s high tariffs and minimal trade with the U.S., while warning former Russian President Dmitry Medvedev to “watch his words.” India responded diplomatically, reaffirming its commitment to a fair bilateral trade agreement and protecting domestic interests. The remarks have intensified geopolitical friction and cast uncertainty over future India-U.S. trade negotiations. (PC: X)

India and the United Kingdom have unveiled a landmark Vision 2035 roadmap, a 10-year defence industrial partnership focusing on the joint development of complex weapons systems, jet engines, and warship propulsion technology . The agreement deepens bilateral defence cooperation by promoting co‑design, co‑development, and co‑production across emerging strategic sectors. It builds on earlier discussions between Prime Minister Narendra Modi and UK PM Keir Starmer and aligns with broader collaboration via the Technology and Security Initiative, advancing cooperation in defence, energy, and emerging technologies through 2035. (PC: The Times of India)

On July 30–31, 2025, U.S. President Donald Trump announced a new trade agreement with Pakistan, centered on joint development of Pakistan’s purportedly “massive” oil reserves. Although no oil company has been formally selected yet, Trump suggested that Pakistan might sell oil to India someday. Pakistan’s finance ministry confirmed the deal “will result in lower reciprocal tariffs,” particularly benefiting Pakistani exports to the U.S. This move coincides with Trump’s imposition of 25% tariffs on Indian imports, intensifying strategic economic shifts in South Asia. (PC: AP)

In a fiery Truth Social post, former U.S. President Donald Trump lashed out at India and Russia, stating they can “take their dead economies down together.” This comes after Trump announced a 25% tariff on Indian imports, criticizing India’s high tariffs and close trade ties with Russia, particularly over energy and defense. He also dismissed claims of significant U.S.-Russia business, calling it “almost none.” Trump further warned former Russian President Dmitry Medvedev to “watch his words.” India responded by saying it has “taken note” and is evaluating implications while reaffirming its trade commitment with the U.S. (PC: NDTV)

A Moneycontrol analysis based on UN COMTRADE data reveals that Vietnam may be competitive in 25% of product lines overlapping with India in U.S. exports, though these account for just 5% of India’s $91 billion exports in 2024. Indonesia and the Philippines similarly hold advantages in smaller shares—covering approximately 1.5% of India’s export value. Reduced U.S. tariffs (around 20%) on these nations versus 25% on Indian goods boost their competitiveness. However, the real economic impact remains limited due to the concentrated value in select categories. (PC: Money Control)

The U.S. government has imposed sanctions on six Indian firms for allegedly purchasing, marketing, and facilitating the shipment of Iranian petroleum and petrochemical products, violating sanctions under Executive Order 13846. The accused companies—Alchemical Solutions, Global Industrial Chemicals, Jupiter Dye Chem, Ramniklal S. Gosalia, Persistent Petrochem, and Kanchan Polymers—reportedly handled transactions worth over $220 million. The sanctions freeze all U.S.-linked assets and bar American entities from doing business with them. The move is part of broader efforts by the U.S. to curb revenue supporting Iran’s destabilizing activities across the Middle East and beyond. (PC: News 18)