Washington, Jul 30 (PTI) US President Donald Trump has announced a 25 per cent plus tariff on India from Aug 1.

Trump, describing India as a "friend", said the US has done relatively "little business" with the country because its high tariffs.

India's tariffs are far too high, and they have the "most strenuous" and "obnoxious non-monetary trade barriers", he said in a social media post.

India will be paying 25 per cent plus penalty starting August 1. PTI ZH MPB MPB MPB

Import tariff escalation on India announced, imposing elevated duties from early August in response to trade barriers. Unilateral imposition of a 25 per cent plus import tariff and associated penalty measures on goods from India, effective August 1, premised on India's high tariffs and extensive non monetary trade barriers as the stated basis for the action.