File photo of Trump with Modi during a news conference in the East Room of the White House in Washington on Feb 13, 2025. - AP
NEW DELHI: Indian opposition parties criticised the government on Thursday (July 31), describing US President Donald Trump's threat of a 25% tariff as a diplomatic failure for New Delhi, while the rupee currency tumbled and equity indexes slid in response to the news.
The 25% rate would single out India more harshly than other major trading partners, and threatens to unravel months of talks, undermining one of Washington's strategic partners in the region, viewed as a counterbalance to China.
