India will pay a 25% tariff on goods it exports to the U.S. starting Aug. 1, President Donald Trump said in a social media post Wednesday.
“While India is our friend, we have over the years done very little business with them because their tariffs are far too high, among the highest in the world, and they have the most strenuous and obnoxious non-monetary trade barriers of any country,” Trump wrote.
Trump also said India will incur an additional penalty for buying military equipment and energy from Russia. Trump did not specify what the additional penalty would be.
“They have always bought a vast majority of their military equipment from Russia, and are Russia’s largest buyer of ENERGY, along with China, at a time when everyone wants Russia to STOP THE KILLING IN UKRAINE,” Trump wrote.
Trump’s targeting of India appears to be an effort to further isolate the Russian economy. On Tuesday, Trump moved up the deadline for sanctions against Russia if the country does not agree to a peace deal with Ukraine.
In 2024, trade with India accounted for 2.4% of overall U.S. trade, making India the 10th largest goods trade partner with the United States. Trade with the United States makes up the largest share of India’s trade economy at 10.8%, according to a report from Congress.
In 2024, U.S. exports to India totaled $41.8 billion and imports from India totaled $87.4 billion, according to the office of the United States trade representative.
The top goods imported from India were pharmaceuticals and medicines, manufactured goods, IT equipment and textiles.
Trump also criticized the trade deficit between the United States and India in a separate social media post on Wednesday. In 2024, the trade deficit between the United States and India was $45.7 billion.
“WE HAVE A MASSIVE TRADE DEFICIT WITH INDIA,” Trump wrote.
This story is developing and will be updated with more information.