Sat Jul 12 14:32:14 UTC 2025: Okay, here’s a summary and a news article based on the provided text, keeping in mind the “Indian perspective” request:

**Summary:**

In July 2025, President Donald Trump announced tariffs of 30% on goods from the European Union and Mexico, citing trade deficits and insufficient efforts to curb drug trafficking and undocumented migrants, respectively. This action follows Trump’s previous imposition of tariff conditions on 24 other countries. The EU had hoped to avert these tariffs through negotiation, but Trump’s actions suggest that these negotiations were not productive. Experts believe other nations are minimizing their exposure to the U.S. economy instead of engaging in serious talks, while viewing the tariffs as taxes on American citizens.

**News Article:**

**Trump’s Tariff Blitz Sparks Global Trade Fears; India Watches Closely**

**BRIDGEWATER, New Jersey, July 12, 2025** – President Donald Trump escalated global trade tensions today by announcing 30% tariffs on goods from the European Union and Mexico. This move, declared via social media posts, adds to the already extensive list of 24 countries facing Trump’s tariff measures.

The stated reasons for the new tariffs are familiar refrains from the Trump administration: a large trade deficit with the EU, deemed a “national security threat,” and perceived insufficient efforts by Mexico to prevent the flow of undocumented migrants and fentanyl into the United States.

“Mexico has been helping me secure the border, BUT, what Mexico has done, is not enough,” Mr. Trump added.

The EU has expressed disappointment, noting that negotiations were underway to avert such measures. Maroš Šefčovič, the EU’s chief trade negotiator, had stated earlier in the week that a deal was within reach. However, those hopes appear to have been dashed by Trump’s latest announcement.

This aggressive trade policy by Washington raises concerns globally, including in India. While the direct impact on India may be limited in the short term, experts warn of potential ripple effects. These effects include:

* **Disruption of Global Supply Chains:** Increased tariffs could disrupt established trade routes and supply chains, potentially impacting Indian companies that rely on imported components or export to affected markets.
* **Increased Protectionism:** Trump’s actions could embolden other nations to adopt protectionist measures, hindering global trade and investment.
* **Opportunity for India:** Some analysts suggest that India could benefit from the shifting trade landscape by positioning itself as a reliable alternative trading partner.

Douglas Holtz-Eakin, a former Congressional Budget Office director, observed that other countries are seemingly spending their time minimizing their exposure to the U.S. economy and Mr. Trump.

**_The Hindu_ will continue to monitor the situation and provide analysis on the implications for India.**

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