President Donald Trump has announced a 25% tariff on imports from India, effective August 1, along with penalties tied to India’s energy and defence purchases from Russia. The announcement triggered a sharp depreciation in the Indian rupee, which fell to ₹87.42 per US dollar—its lowest level since mid‑March—a 0.7 % single‑day drop and a five‑month low.
#rupee #rupeefall #trumptariffs #rupeevsdollar #trumpnews #trumpadministration #trumptradewar #indiatodaylive #indiatodaylivestream
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