Donald Trump defended his administration's new tariff policy on July 29, 2026, claiming the levies are essential for the US economy and helped prevent a potential conflict between India and Pakistan.
The new tariffs, which have faced scrutiny from global trade partners, are being implemented despite warnings from economists about potential inflationary impacts on the US domestic market.
India's textile exporters have expressed concern over the policy, even as the US government maintains that the measures are necessary to address forced labor and trade imbalances.