Breaking News: India Faces 50% US Tariff; Modi Prepares for Key China Visit to SCO Summit | ABP NEWS

US President Donald Trump announced a hike in tariffs on Indian goods from 25% to 50%, effective from August 27. This decision was reportedly linked to India’s continued purchase of Russian oil, a move the US opposes. The increased tariffs are expected to severely impact Indian export sectors such as textiles, marine products, and leather, though energy products, key minerals, and electronics remain exempt. Indian exporters warn that this will significantly affect the $86 billion trade with the US. The Indian government condemned the move as unjust and unfair, pledging to protect national interests. Politically, the tariff hike triggered sharp criticism from opposition leaders. Rahul Gandhi accused Prime Minister Narendra Modi of weakness and economic blackmail, calling for stronger action. Meanwhile, the Aam Aadmi Party defended India’s position, highlighting the hypocrisy of the US’s own imports from Russia. Amid growing tensions with the US, Prime Minister Modi is set to visit China from August 31 to September 1 for the SCO Summit in Tianjin. This marks Modi’s first visit to China since the 2020 Galwan clash and his sixth overall. The summit will focus on regional security, terrorism, trade, and multilateral cooperation, offering a platform to address ongoing challenges with China.

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