The US president has announced a 25% levy and additional penalties on New Delhi for its continued partnership with Moscow US President Donald Trump has announced that India will face 25% tariffs and additional penalties starting next month over its continued trade with Russia. The move comes after Trump gave Russia a ten-day deadline to reach a peace deal with Ukraine.In a post on his Truth Social account on Wednesday, Trump stated that “India is our friend” but that the US does “relatively little business with them.” At the same time, he noted that India has continued to buy military equipment and energy from Russia amid the Ukraine conflict.”All things not good! India will therefore be paying a tariff of 25%, plus a penalty for the above, starting on August first,” Trump wrote.The US previously imposed 26% tariffs on Indian goods in March as part of Trump’s ‘Liberation Day’ tariffs, which included imports of aluminum, steel, and derivative products, before temporarily suspending them.New Delhi has said it will only enter into a trade agreement with the US from a position of strength and not under deadlines or as a “negotiation tool.”