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Trump to Significantly Increase Tariffs on India Within the Next 24 Hours

Trump to Significantly Increase Tariffs on India Within the Next 24 Hours

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ChaincatcherChaincatcher2025/08/05 12:38

According to ChainCatcher, citing Jinshi, U.S. President Trump stated in a live interview with CNBC that India is the country with the highest tariffs and that the U.S. will significantly increase tariffs on India within the next 24 hours. He also mentioned that pharmaceutical tariffs will be announced next week, along with tariffs on semiconductors. The U.S. will initially impose relatively small tariffs on the pharmaceutical industry, but these will eventually reach 250%.

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