Key Points:* Trump announced higher tariffs on India for Russian oil trade.
New tariffs will affect half of India’s U.S. exports.
India plans significant funds to support affected exporters.
On August 4, 2025, U.S. President Donald Trump announced a significant tariff increase on Indian exports, citing India’s continued oil trade with Russia as the catalyst.
India, a major U.S. trading partner, condemned this move, signaling potential economic strains which may affect broader market dynamics despite no immediate cryptocurrency impacts evident.
Trump’s Tariff Hike on India Sparks Economic Concerns
Donald Trump announced via social media on August 4, 2025, that U.S. tariffs on India would be raised from 10% to 25% due to India’s ongoing imports of Russian oil. India responded by asserting its right to protect national interests against what it deemed unjust U.S. interference. The U.S. claims India’s profiting off Russian oil trade undermines global stability, while India has countered that their oil imports were a strategic response to market disruptions post the Russia-Ukraine conflict.
The tariff increase means India risks losing significant export revenue from its largest trading partner. India’s government is preparing a ₹20,000 crore fund to cushion its exporters. This decisive measure marks significant financial and political strain between the nations.
India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big profits. They don’t care how many people in Ukraine are being killed by the Russian War Machine. Because of this, I will be substantially raising the Tariff paid by India to the USA.
Did you know? Since past U.S.-India trade tensions during Trump’s first term, tech and pharmaceutical sectors often witnessed shifts, yet major cryptocurrencies like BTC and ETH remained largely unaffected by short-lived trade disruptions.
As of August 5, 2025, Ethereum (ETH) is valued at $3,681.01 with a market cap of $444.33 billion, constituting 11.79% market dominance. Trading volumes surged by 43.20% over the past 24 hours, reflecting a daily price change of 3.52%. This data, sourced from CoinMarketCap, indicates an overall price increase of 100.73% over the last 90 days.
Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 10:57 UTC on August 5, 2025. Source: CoinMarketCap
The Coincu research team predicts that, despite the current unease, cryptocurrency markets show resilience in the face of such trade friction, with digital assets maintaining stable volumes. Analysts highlight the significance of geopolitical factors on market dynamics but speculate cryptocurrency resilience if energy concerns intensify globally.
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| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Trump tariffs on Indian exports
Key Points:* Trump announced higher tariffs on India for Russian oil trade.
Trump’s Tariff Hike on India Sparks Economic Concerns
Donald Trump announced via social media on August 4, 2025, that U.S. tariffs on India would be raised from 10% to 25% due to India’s ongoing imports of Russian oil. India responded by asserting its right to protect national interests against what it deemed unjust U.S. interference. The U.S. claims India’s profiting off Russian oil trade undermines global stability, while India has countered that their oil imports were a strategic response to market disruptions post the Russia-Ukraine conflict.
The tariff increase means India risks losing significant export revenue from its largest trading partner. India’s government is preparing a ₹20,000 crore fund to cushion its exporters. This decisive measure marks significant financial and political strain between the nations.
Cryptocurrency Markets Resilient Amid U.S.-India Trade Strains
Did you know? Since past U.S.-India trade tensions during Trump’s first term, tech and pharmaceutical sectors often witnessed shifts, yet major cryptocurrencies like BTC and ETH remained largely unaffected by short-lived trade disruptions.
As of August 5, 2025, Ethereum (ETH) is valued at $3,681.01 with a market cap of $444.33 billion, constituting 11.79% market dominance. Trading volumes surged by 43.20% over the past 24 hours, reflecting a daily price change of 3.52%. This data, sourced from CoinMarketCap, indicates an overall price increase of 100.73% over the last 90 days.
| | | --- | | DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |