U.S. President #Donald Trump speaks within the #Oval Office on the #White House in Washington, D.C., U.S., August 6, 2025. | Photo Credit: #Reuters
“Well, we’ll decide that later, however proper now, they’re paying a 50% tariff,” Mr. Trump advised a reporter who requested if the extra 25% tariff on prime of the 25% ‘reciprocal tariff’, would go following a ceasefire.
Mr. Trump was taking questions at an occasion on the #White House with Apple CEO #Tim Cook. The President mentioned he could be imposing a tariff of 100% on pc chips and semiconductors, whereas saying that Apple would make investments $100 billion within the U.S.
Mr Trump had reportedly advised European allies on Wednesday that he would have an in-person assembly with #Russian President #Vladimir Putin as early as subsequent week and had plans for a follow-up with Mr. Putin and Ukrainian President Volodymyr Zelenskyy. Also, on Wednesday, Mr. Trump’s particular envoy Steve Witkoff met with Mr. Putin on Wednesday.
Talks ‘productive’
Mr. Trump described the talks as “productive” and mentioned he didn’t know if the extra tariffs on India had something to do with this.
“And as you already know, we put a 50% tariff on India on oil. They’re the second largest [purchaser of #Russian oil]. They’re very near China by way of the acquisition of oil from #Russia. So, I don’t know if that had something to do with it, however we’ve had very productive talks at present,” he mentioned.
After imposing further tariffs on India for buying and selling in arms and vitality with #Russia, U.S. President #Donald Trump mentioned different nations might observe swimsuit, suggesting China by title as a risk.
Asked why he was “singling India out” for added tariffs, Mr. Trump mentioned, “It’s solely been eight hours. So let’s see what occurs over the… You’re going to see much more. You’re going to see a lot secondary sanctions,” he mentioned.
Published – August 07, 2025 04:14 am IST
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