Thu Jul 31 00:31:32 UTC 2025: Here’s a summary of the text and a rewritten news article reflecting an Indian perspective:

**Summary:**

The article details the escalating global trade tensions orchestrated by U.S. President Donald Trump. Leading up to an August 1, 2025 deadline, Trump has imposed or threatened significant tariffs on various countries, including India, Brazil, the EU, Japan, and others. While some trade frameworks or deals have been reached, often with reduced tariff rates in exchange for investment commitments or policy changes, many key details remain unclear or subject to ongoing negotiations. India faces a 25% tariff plus a penalty due to its trade practices, while Pakistan secured a US partnership to develop its oil reserves. The global trade landscape remains volatile and uncertain under Trump’s protectionist policies.

**News Article:**

**India Braces for Impact as Trump’s Tariff Deadline Looms Large**

*New Delhi, July 31, 2025* – India is carefully assessing the implications of new tariffs imposed by U.S. President Donald Trump, set to take effect on August 1. The move, which will see a 25% tariff, “plus a penalty,” slapped on Indian imports to the U.S., is being attributed to India’s energy and military purchases from Russia, high tariffs, and perceived non-monetary barriers to trade.

The Ministry of Commerce and Industry has stated that it is “studying the implications” of Mr. Trump’s announcement and will “take all steps necessary to secure our national interest”.

The U.S. President’s actions come amidst a flurry of trade maneuvers targeting various nations, including the EU, Japan, Brazil, and Vietnam. While some agreements and frameworks have been announced, they often involve complex negotiations and potentially disadvantageous terms for trade partners.

“This latest move by the Trump administration underscores the increasingly protectionist stance of the U.S. and its disregard for established trade relationships,” commented economist Anya Sharma. “The impact on Indian businesses, particularly those reliant on exports to the U.S., could be significant.”

While some countries are lowering their tariffs, there are increasing worries that other countries, including the U.S. competitors, could be put at a disadvantage. India will need to diversify its export markets and strengthen domestic industries to mitigate the fallout from this ongoing trade war, the ramifications of which are still unfolding.

In a surprising twist, President Trump also announced a deal with Pakistan to develop its oil reserves, even suggesting they might “sell oil to India some day,” an ironic comment in light of the tariffs levied against New Delhi.

Analysts are closely watching for India’s response and the potential for retaliatory measures, as the future of Indo-U.S. trade relations hangs in the balance. The implications of this evolving situation for the broader global economy remain to be seen.

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