US Trade Policy: US President Donald Trump made an important announcement on the social media platform on Sunday (July 07, 2025). He informed that agreements and letters related to tariffs (fees) with various countries of America will be implemented today from July 7.

Trump wrote in the post, “I am very happy to declare that tariff letters and agreements in the United States, along with various countries of the world, will be sent and implemented on Monday, July 7, at 12 noon (Eastern Time).”

Us President Donald Trump Posts on his Truth Social, “I am please to announs that the united states tarif letters, and/or deals, with various counTries from Around the World, 12:00 PM (Eastern), Monday, July 7th. ” pic.twitter.com/xambnvwww8al

– ANI (@ani) July 7, 2025

What does this decision of Trump mean?

It is clear from this decision of the US President that the Trump administration is going to strengthen its hold on international trade. Although it has not been clarified with which countries will be compromised or which products will apply to the tariffs, it is believed to have an impact on China, European Union and other major trading partners.

Donald Trump made this announcement in April

President Donald Trump announced in April a few months ago that many countries will now be imposed additional tax with 10% base tariff, which can be up to 50% in some cases. However, before implementing these more tariffs, the Trump administration gave 90 days time so that the scope of talks would remain. This deferment is now ending on 9 July.

Suspense still on Indo-US trade deal

No trade agreement has been reached between America and India so far. Despite the constant pressure by the Trump administration, the talks between the two countries have not reached any conclusion.

At the same time, diplomats of the European Union (EU) say that they too have not been able to reach any final agreement with America. Meanwhile, the Trump government has announced to impose 26 percent mutual tariff on India. Trump has made it clear that the countries who have already signed the trade letters sent to America will have to pay the tariff.

What is the Indo-US trade agreement stuck on?

India wants more access to the US market for its textile, leather and shoe industries in this deal. On the other hand, the US wants India to open its agriculture and dairy sector for American companies.

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Brazil Held in Bricks At the 2025 summit, 10 member countries – BrazilChina, Egypt, EthiopiaIndia, IndonesiaIran, Russian Federation, South AfricaUnited Arab Emirates Iranian nuclear and military facilities But American-Israel Condemned the attacks and called the attacks illegal. Other than this, Brazil At the summit, Indian Prime Minister Narendra Modi highlighted the double standards towards terrorism in the case of attacks in the global south.

Bricks In the joint announcement of countries Pahalgam Mention of attack

Bricks Joint announcement of countries in Jammu and Kashmir Pahalgam The attack was condemned, Bricks The countries called for cross -border movement, terrorism funding and compete with safe bases. The statement said, “We urge to ensure zero tolerance towards terrorism and reject double norms in combating terrorism.

In addition, the joint manifesto was criticized for indiscriminate increase in tariffs without naming the US and said that such measures are in danger of weakening global trade and obstructing global supply chains. Let us know that the US has already announced the imposition of heavy tariffs on China and India.

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Donald Trump Tariff: US President Donald Trump has once again created a stir in the business world. From June 1, 50% tariffs on all imports of the European Union and 25% tax on foreign smartphones have been announced. This decision of Trump has created turmoil in international markets and global diplomacy. On the decision, Trump said on the social media post that our discussion is not reaching anywhere and they are behaving unjustly with our products.

Apple, which is already transferring production to India to avoid China’s tariff, has now come under the target of Trump. Trump has clearly warned the company’s CEO Tim Cook to either produce Apple in the US or pay 25 % tax. In this way, heavy tariffs on the iPhone directly mean Apple’s smartphones will become expensive and its demand in the US market will be reduced. After this decision, Apple’s shares have fallen by 3% which indicates that the market situation has become serious.

European Union’s response
EU trade chief Maros Sefkovic made a mutual honor and peaceful urge after US President Donald Trump imposed a 50 per cent tariff. Apart from this, Dutch PM Dick Shuf said that this is the old strategy of Trump, they threaten and bargain. If a 50 percent tariff is applied to EU, due to this, many ways will become equal. Due to this, prices of cars, pharmaceuticals, aircraft and aircraft parts will increase. 50% tariffs in these areas may also have to pay heavy prices for American customers.

The impact of Trump’s decision is being seen in the market. American and European stock markets have fallen. Gold prices have seen a rise. On this, Bloomberg’s financial analyst says that earlier the situation of the global market was recovering. However, now the instability has returned once again.

The news is being updated ….

Fitch cuts india growth estimates: India’s economic pace has been estimated to be slow between uncertainty and world trade tension due to American tariffs worldwide. After the American agency Moody, now rating AJC Fitch has also made a similar estimate about India’s GDP. On Thursday, Fitch Ratings have reduced the estimate of India’s GDP (GDP) growth rate for the current financial year 2025-26 to 6.4 per cent.

Global Economic Outlook In April 2025, Fitch Rating said that world growth could be reduced to below two percent this year. Whereas except for the era of epidemic, this will be the most dull speed after the year 2009. In March update, the rating agency Fitch said that this is an important risk in its estimate due to the US trade policy being more aggressive than expected. However, due to low dependence on external demand, India is left with some extent.

In its special quarter ‘update’ by the Global Economic Scenario (GEO), Renting Agency Fitch further said, “It is difficult to say anything about the American trade policy with full confidence. On a large scale, policy uncertainty, the possibilities of trade investment are damaging. Domestic property is decreasing due to fall in share prices and American exporters will have to face retaliation. ‘

Fitch cut the world growth estimates of 2025 in his GEO by 0.4 per cent in the month of March. The growth estimate of China and America decreased by 0.5 percent. The renting agency has reduced GDP growth 6.2 per cent for Financial Year 2024-25 in terms of India and GDP growth estimate for current financial year 2025-26 to 6.4 per cent.

The growth rate for the financial year 2026-27 has been retained at 6.3 percent. According to Fitch’s estimates, the US GDP growth rate is expected to remain positive at 1.2 percent by 2025. China’s growth rate is estimated to be below 4 percent this year and next year, while economic growth in the Euro field will remain below one percent.

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Former RBI Governor Raghuram Rajan said on Thursday that the Donald Trump administration’s stake on about 60 countries will be ‘reverse’. He said that its effect on India will be ‘less’. US President Trump has announced to impose additional value-based duty from 10 percent to 50 percent on imports from all business partners.

He told the news agency PTI, “We should accept that in the short term, it will be the first and foremost to adversely affect the American economy. This is ‘self -goal’ (to harm itself). Talking about the effects on other countries, the direct impact of any fee on India’s exports will be that prices will increase for American consumers, this will reduce their demand and consequently affect India’s economic growth.

The basic fee of ten percent will be effective from April 5 and 27 percent from April 9. Some areas have been exempted from fees. These include medicines, semiconductors and energy products. A well-known economist said, “In fact, since the US has also imposed a fee on other countries and India is competing with the producers of those countries, it will only be less than leaving the fees on India because American consumer will not be able to go to the producers as an option.”

Currently at Business School, Shikgo booth, Professor, Rajan said that the long -term purpose of Trump is to increase American production, but, if it is possible, it will take a long time to achieve it. In response to a question, he said that America’s counter -duty on India will probably not be going to increase inflation, because India will export less and the supply will be higher at the domestic level.

Other countries like China will now try to export India, as the American market is more closed. Asked if India can turn this crisis into an opportunity, Rajan said, “We can definitely reduce the fees we are increasing.” This will be beneficial for India, whether it helps us to reduce American duty. ”

He said that India needs to understand that the world has become very conservationist, so we have to work more cleverly about business. Giving examples, Rajan said that ASEAN and Japan in the east, Africa in the southwest and Europe in the northwest means. He said that establishing equal relations with China should be a priority. Also, we should also have a strong relationship with our neighboring countries, SAARS (South Asian Regional Cooperation Organization). ”

Rajan said, “This means to control political differences. As the world is getting divided into the regional block, South Asia should not be isolated. ”President Donald Trump has announced a historic step to counter about 60 countries, taking a historic step to combat high duty rates on US products globally.

He has announced to impose a counter -duty of 27 percent on India. The Trump administration believes that India charges high import duty on American goods, so it was now necessary to take this step to reduce the country’s trade deficit and promote manufacturing.

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