Sun Jul 06 16:18:44 UTC 2025: Here’s a summary and a news article rewrite based on the provided text, keeping in mind the requested Indian perspective:
**Summary:**
The U.S. is threatening to impose significant tariffs on goods from its trading partners, including Taiwan, the European Union, and others, starting August 1st, 2025, if trade deals aren’t reached. This ultimatum revisits tariffs originally announced in April but suspended for trade negotiations. While the U.S. claims progress with the UK, Vietnam, and a temporary agreement with China, other nations are wary. Japan is resisting pressure to compromise, and BRICS nations (including India) are expected to denounce the tariffs as illegal and harmful to the global economy. The U.S. Treasury Secretary frames the August 1st date not as a new deadline, but as a firm implementation date if deals aren’t finalized.
**News Article:**
**India Braces as Trump Administration Threatens Global Tariff Hike**
*The Hindu, Washington D.C. – July 6, 2025* – As the Trump administration’s July 9th deadline for trade negotiations looms, the United States is threatening to unleash a new wave of tariffs on its trading partners, a move that is drawing sharp criticism and raising concerns about the health of the global economy, particularly within the BRICS nations, including India.
U.S. Treasury Secretary Scott Bessent confirmed that tariffs, initially announced in April and briefly suspended for negotiations, will be implemented on August 1st if deals aren’t struck with countries from Taiwan to the European Union. This development comes after President Trump signaled his intention to send letters to trading partners outlining the new tariff rates.
While the U.S. boasts of progress in negotiations with the United Kingdom, Vietnam, and a temporary easing of levies with China, other nations are expressing deep unease. Japan’s Prime Minister Shigeru Ishiba has stated that he will not easily compromise in trade talks with Washington.
The BRICS leaders, meeting in Rio de Janeiro, are expected to issue a strong condemnation of the tariffs, decrying them as illegal and posing a significant risk to the global economy. India, as a key member of BRICS, is expected to voice its concerns and advocate for fair and equitable trade practices.
“The threat of these tariffs creates immense uncertainty and has the potential to disrupt global supply chains,” said an anonymous source within the Indian Ministry of Commerce. “We are closely monitoring the situation and will take appropriate measures to protect Indian economic interests.”
The potential tariff hike adds another layer of complexity to the already strained international trade landscape, and the coming weeks will be critical in determining whether a global trade war can be averted. The implications for India, a major player in international trade, could be significant.
First Piper 