The opposition is expected to attack the Union administration over the 25% tariffs imposed by the United States following three days of intense debate in both houses of Parliament regarding Operation Sindoor and the Pahalgam terror assault. Amid allegations of close Trump-Modi links, the centre is also sure to come under fire from the opposition over the US-Pakistan oil deal.
On Wednesday, US President Donald Trump declared that starting August 1, Indian exports would be subject to a 25% duty. He added that India would be subject to an extra tax penalty for purchasing defence hardware and oil from Russia.
Trump’s proposal comes as the US president’s claims of “stopping India-Pakistan war” with trade cards have angered the opposition and the Modi government. The US president warns that the US will not trade with warring states, claiming to have “stopped” the dispute between India and Pakistan that would have otherwise descended into nuclear war.
The US president announced an energy agreement with Pakistan a few hours later. “The United States and Pakistan have recently reached an agreement wherein the two nations will collaborate to produce their enormous oil reserves. The selection of the oil business that will spearhead this collaboration is under underway. It’s possible that they will eventually export oil to India. Trump stated in a Wednesday post on Truth Social.
Trump’s declaration coincides with the opposition’s continuous protests in the Rajya Sabha and Lok Sabha, calling for a debate on a special, intensive revision of the Bihar electoral record. Since the start of the monsoon session, the opposition’s protest has interfered with house operations.
On Wednesday, the Centre announced that it is researching the effects of Trump’s tariffs. “Over the past few months, India and the United States have been involved in negotiations to conclude a fair, balanced, and mutually beneficial bilateral trade agreement,” the Union commerce ministry said in a statement. We are still dedicated to that goal. As with other trade accords, such as the most recent Comprehensive Economic and Trade Agreement with the UK, the government will do whatever it takes to protect our national interest.
